Enze: Key resistance at 5255, Du Kong's watershed is clear
Currently, the primary resistance for gold prices is at 5255. The corresponding key downtrend line also forms at this level, making it a short-term Du Kong critical watershed.
If the gold price can hold above 5255, it will open up room for a rebound, initially targeting 5420; breaking through this level could extend the upward move to 5500, with further strength testing 5650.
If the upward movement is blocked, gold prices will continue to decline. Short-term support is at 5125, with the core support zone around 5080; once it falls below 5080, the decline will accelerate, and the price may test the 5000 level below.
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Enze: Key resistance at 5255, Du Kong's watershed is clear
Currently, the primary resistance for gold prices is at 5255. The corresponding key downtrend line also forms at this level, making it a short-term Du Kong critical watershed.
If the gold price can hold above 5255, it will open up room for a rebound, initially targeting 5420; breaking through this level could extend the upward move to 5500, with further strength testing 5650.
If the upward movement is blocked, gold prices will continue to decline. Short-term support is at 5125, with the core support zone around 5080; once it falls below 5080, the decline will accelerate, and the price may test the 5000 level below.