财经悟空|10月 20, 2026 01:34
Gold previously consolidated for 39 days before breaking upward.
Currently, it's been consolidating for 22 days, and a breakout point is approaching.
Personally, I lean toward the end of consolidation with a bullish outlook.
Reasons are as follows:
1: Central banks around the world are continuously buying gold, and funds are steadily flowing into gold ETFs, providing a medium-to-long-term support base for gold prices.
2: The current XAU bottom accumulation structure has successfully broken the neckline at 4220, signaling a bullish trend.
3: The lower boundary of the consolidation range is at 4112-4080, which is a good position to go long.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink