September 21 Morning Gold Analysis:
The Federal Reserve implemented a 25-basis-point rate hike. The classic “sell the expectation, buy the fact” pattern played out. After gold price dipped to 4235, it rebounded and returned to around 4400. ✅ Daily chart: Stay above 4366; the pattern is relatively bullish. Resistance is at 4510; if that level is broken, further upside targets are 4600 and 4700. ✅ 4-hour chart: Broke above the prior descending channel, with a trend reversal; the bullish structure remains intact. ✅ 1-hour short-term: 4335 is the key defensive level for this week.
▫️ Hold 4335: Range consolidation at higher levels; pullbacks are an opportunity to go long. A break above 4400 opens up targets of 4440 → 4510.
▫️ Break below 4335: The rebound ends, and the market shifts into a corrective downward move.
Next week’s trading approach: If support does not break, follow the trend and look for upside. Once a level breaks, switch your mindset in time and prepare two scenarios.
⚠️ The market is highly volatile—manage position sizing carefully. Every trade must include proper risk controls.
⚠️ This is only a personal review of the chart, not investment advice. #XAUUSD #MichaelSaylor暗示增持BTC
The Federal Reserve implemented a 25-basis-point rate hike. The classic “sell the expectation, buy the fact” pattern played out. After gold price dipped to 4235, it rebounded and returned to around 4400. ✅ Daily chart: Stay above 4366; the pattern is relatively bullish. Resistance is at 4510; if that level is broken, further upside targets are 4600 and 4700. ✅ 4-hour chart: Broke above the prior descending channel, with a trend reversal; the bullish structure remains intact. ✅ 1-hour short-term: 4335 is the key defensive level for this week.
▫️ Hold 4335: Range consolidation at higher levels; pullbacks are an opportunity to go long. A break above 4400 opens up targets of 4440 → 4510.
▫️ Break below 4335: The rebound ends, and the market shifts into a corrective downward move.
Next week’s trading approach: If support does not break, follow the trend and look for upside. Once a level breaks, switch your mindset in time and prepare two scenarios.
⚠️ The market is highly volatile—manage position sizing carefully. Every trade must include proper risk controls.
⚠️ This is only a personal review of the chart, not investment advice. #XAUUSD #MichaelSaylor暗示增持BTC