YimingBit

Friday Asia-Europe Trading Trend Analysis:
( Buy on dips above 5105 ) Bullish targets: 5123-5138-5152
( Sell on rallies below 5090 ) Bearish targets: 5077-5062-5040
As long as price maintains above 5090, the market can be viewed as in an uptrend. Yesterday's decline attracted many bottom fishers, leading to today's rebound. A breakout above 5152 is likely to bring further gains.
Breaking below 5090 indicates a possible wave of profit-taking, therefore selling on rallies is advisable. Breaking below 5040 is likely to extend the downtrend.
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Recently written in the evening, it was clear and straightforward, right? Can it be described with the word "precise"? Mentioning breaking below 5100 and looking toward 5067-5047, the analysis was once again perfectly validated!
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Friends who have been paying close attention to my articles should have already seen good returns. A midday update: the silver market is gradually recovering, successfully rebounding from 84.369 to 87.072, gaining 2.703 points!
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Midday precise execution, Yiming indicated to enter long positions on the pullback to 5130-5140, with targets of 5160-5180. Hangqing pulled back to 5137 and rebounded precisely to 5170, successfully validating Yiming's view!
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Gold closed below 5180 on Wednesday, leading to a downward shift in the trading range on Thursday, which is consistent with my analysis yesterday.
It has fallen to my target level of 5125, which is a very important support level.
If 5125 holds, consider entering long positions on a pullback to 5130-5140, with an initial target of 5160-5180. If it breaks above 5180, hold some positions to capture further profits.
(Stabilizing above 5180 indicates a recovery in bullish sentiment)
If support in the 5120-5128 area is broken again, go short on gold directly, targeting 5095-5067-5047. These are also

The silver market is beginning to show common patterns of the metals market: slow bottoming, gradual recovery, and narrowing consolidation. The rise from $72 to $96 is the first bullish impulse.
My bullish cup and handle pattern looks like this: an arc bottom around $80-$82; a gradual rebound to resistance levels; formation of higher lows; if the bulls hold above $82, the pattern will remain intact.
The key resistance level is in the $95/$96 area, where there was a previous rebound with a wick, and liquidity pools, psychological thresholds, and institutional supply are concentrated. The market

As predicted, the market failed to hold the 5150 support level, and gold's pullback extended further, testing the lower 5100 level.
The rebound started around 5120, but gold continued to make new lows.
Today, we focus on the support levels around 5100-5120. If the price continues to break through this level, it will support gold.
Short-term bullish sentiment remains unchanged.
Today's strategy: buy on dips.
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Earlier tonight, when the 5160 support was broken, Yiming pointed out the key support levels at 5120-5128. Holding this level means the bullish trend remains intact. Hangqing successfully rebounded after falling to around 5125 support in the morning. This trend was once again precisely captured by Yiming!

Silver recently accurately indicated that upward momentum was insufficient, and the main target of $83 was precisely reached in the morning. This move from 89 to 83 has secured 6 major milestones for silver!

Currently, it can be seen that the upward momentum of gold is clearly insufficient. The current closing price is below 5180, and Thursday's price may also fluctuate at a low level, or even face the risk of a further pullback.
If buyers can hold the 5150 support level, the bullish trend will continue.
In the vicinity of the 5150-5170 range, with a slight dip,
Targeting 5200, and if broken, looking at around 5220-5240!
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The 5160 support level has been broken. Pay close attention to the 5120-5128 support zone; holding this indicates that the bulls are still in control!$XAU $XAG

A warning was given before the release of the evening CPI data. Hold the 5160 support level, and you can fluctuate within the 5160-5170 range. Hangqing accurately rebounded at 5162, and there is currently nearly 20 points of space!

The US February unadjusted CPI year-over-year rate will be released in half an hour, and significant volatility in gold is expected.
Gold is currently consolidating below 5200.
Aggressive traders can buy within the 5160-5170 range, based on the 5160 support level.
If the data is strong, it could trigger a sell-off and potentially break below the 5160 support level, so stop-loss orders must be set. The key support levels are 5120/5128. These are relatively important support levels. If the price holds these levels, it will be a good buying opportunity.
If it breaks below 5120, a large-scale sell

Early morning silver indicates insufficient upward momentum. Hangqing accurately predicts a pullback from the high of 89.4, securing a 2.42 profit!

Wednesday, the key levels to watch for gold during the Asian and European trading sessions are 5186.
As long as it stays above 5186, the trend is upward, with target levels at 5233/5256/5278. As long as it does not fall below 5186, pullbacks are buying opportunities.
Breaking below 5186 is a sell signal.
If it breaks below 5186, pay attention to the key support levels at 5177/5157/5138.
Stabilizing at these support levels is a buy signal.
Breaking below 5138 is likely to lead to further decline. $XAU $XAG

Gold prices remained below $90 on Wednesday, showing strong resistance and insufficient upward momentum.
Technical analysis indicates a possible pullback, but this does not mean a decline. Therefore, after short-term profit-taking from a short position, we need to re-enter the market. After another pullback, it will test the $90 resistance level again.
Resistance level: $88.50 - $89
Target 1: $85.50 (medium-term support).
Main target: $83 (recent liquidity low).
Stop-loss: Set above $90.20 to maintain the effectiveness of the strategy.
Breaking above $90.5 will invalidate the bearish outlook.

Give a prompt early in the morning to hold the support level and then look for a bullish trend. The morning opening also rose as expected, and currently there is a 40% room for growth!

Gold's current key resistance level is 5233. Holding above 5233 targets 5256/5278. Conversely, if this resistance level is not broken, it may lead to a pullback to around 5175/5157.
When gold encounters resistance at higher levels, it sends a clear signal that shorting gold at these highs is a viable short-term strategy.
Currently, we still need to watch the support levels at 5175/5157. If these levels are broken, it will test the 5140/5123 levels.
If the support holds, buyers can enter the market with targets around 5300-5400.
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In half a month, from 30,000 to 90,000, I have achieved a small goal. The road to success is not difficult. Follow Yi Ming closely, stay clear on the direction, walk with firm steps, and together we will reach the peak.

5200 Precise arrival! As early as this morning, it was pointed out that the gold upward trend and momentum remain bullish, recommending a buy around 5110-5130, successfully rebounding precisely at 5120; although the market oscillated around 5180 for a long time, the midday signal also indicated to hold the 5125 support and stay bullish, and in the evening, it successfully broke through to reach a high of 5230! This wave is again a space for the 110th anniversary celebration!