#黄金技术分析 #24K99讯 At the end of the Asian market on Tuesday (September 10), spot gold remained stable. Currently, the price of gold is around 2506 US dollars/ounce. Economies.com, a well-known financial information website, wrote a new article on Tuesday to analyze the technical prospects of intraday gold.

According to Economies.com, the price of gold has broken through the small resistance level of 250.00 US dollars/ounce, which opens up room for the price of gold to rise further towards the next target of 2540.00 US dollars/ounce.

Spot gold closed up $8.84, or 0.35%, to $2506.09 per ounce on Monday. The price of gold hit an intraday low of $2485.48 per ounce.

Economies.com wrote in the article that the price of gold successfully broke through $2500.00 per ounce and remained above this level, thereby strengthening expectations that the price of gold will continue to be bullish in the next few trading sessions. The price of gold is expected to test $2540.00/oz, which is our next major target for the price of gold.

(4-hour spot gold chart source: Economies.com)

Economies.com said that current stochastic indicators are sending negative signals, which may cause temporary sideways fluctuations in gold prices before resuming the main bullish trend. It should be pointed out that if the price of gold falls below 2,500.00 US dollars/ounce, this will stop the expected upward trend and push the key support of the gold price test to 2483.40 US dollars/ounce, and then try to rebound again.

Economies.com predicts that today's gold price trading will be between the support level of $2490.00/oz and the resistance level of $2525.00 per ounce.

According to Economies.com, today's expected trend for gold prices is bullish.

At 14:32 Beijing time, spot gold was reported at 2505.55 US dollars/ounce.