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A-程景盛
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A-程景盛

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How can I privately message and add me as a friend? The steps are as follows👇 Search🔍 chat room — add friend — ID: 1157900167 search to add friend Chat ID: 1157900167 When you are confused, I am willing to be the light in your darkness, giving you guidance.
How can I privately message and add me as a friend? The steps are as follows👇
Search🔍 chat room — add friend — ID: 1157900167 search to add friend
Chat ID: 1157900167
When you are confused,
I am willing to be the light in your darkness,
giving you guidance.
PINNED
🌄 Life is like climbing a mountain; there may be steep cliffs and strong winds along the way, but please remember—every person who stands on the summit did not simply run up. They may have fallen, hesitated, wandered in the fog, but they never truly stopped moving forward.
🌄 Life is like climbing a mountain; there may be steep cliffs and strong winds along the way, but please remember—every person who stands on the summit did not simply run up. They may have fallen, hesitated, wandered in the fog, but they never truly stopped moving forward.
Midday reminder: as long as the 4300 support level doesn’t break, you can take a light position to gamble on a short-term long trade, with targets at 4320 and 4340. If the market retraces back to around 4311, it rebounds; the rebound could reach around 4348 above. Overall, there’s about $37 of room for the rebound! ​​​$XAU {future}(XAUUSDT) #XAUUSD
Midday reminder: as long as the 4300 support level doesn’t break, you can take a light position to gamble on a short-term long trade, with targets at 4320 and 4340. If the market retraces back to around 4311, it rebounds; the rebound could reach around 4348 above. Overall, there’s about $37 of room for the rebound! ​​​$XAU
#XAUUSD
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Bearish
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Bearish
#美国7月CPI与PPI数据本周出炉 Cheng Jingsheng Shipan|Spot Gold Analysis for the Evening of August 13 During the day, gold prices surged up to 4449 but met resistance and pulled back; the low dipped to around 4364. The day’s movement carved out an 85-dollar pullback range. The market has entered a phase of profit-taking and digestion at higher levels. The broader bullish trend is not broken in the short term, but short-term long-versus-short competition has clearly intensified. In the evening, key data releases for the week—Initial Jobless Claims and PPI—will be announced. With inflation-leading indicators overlapping with employment data, it will further adjust expectations for Federal Reserve policy. Volatility in the US market session may be amplified. Resistance above lies at 4415 and 4445, forming a strong pressure zone. Pay close attention to whether the 4400 psychological level can break effectively. Only if price holds above and breaks through can gold attempt higher again toward key resistance. Short-term support lies at 4365, with 4335 serving as the core defense for this round of bulls versus bears. As long as this support is not broken effectively, the upward continuation structure will remain intact. In the evening, continue to follow the range-trading approach: when price rebounds into the 4415–4445 resistance zone, look for bearish pressure signals to set up short positions, targeting 4380 and 4350. If price pulls back to 4340–4360 and support is confirmed to stabilize, consider opening long positions, targeting 4380, 4400, and 4420. With the data-driven environment increasing the amount of “washing out” moves at night, manage position sizing properly, strictly follow stop-loss rules, and wait for direction to be confirmed. The above is only personal advice for reference and does not constitute investment guidance. Please refer to Cheng Jingsheng Shipan’s specific plan for details! $XAU {future}(XAUUSDT) #XAUUSD
#美国7月CPI与PPI数据本周出炉 Cheng Jingsheng Shipan|Spot Gold Analysis for the Evening of August 13

During the day, gold prices surged up to 4449 but met resistance and pulled back; the low dipped to around 4364. The day’s movement carved out an 85-dollar pullback range. The market has entered a phase of profit-taking and digestion at higher levels. The broader bullish trend is not broken in the short term, but short-term long-versus-short competition has clearly intensified.

In the evening, key data releases for the week—Initial Jobless Claims and PPI—will be announced. With inflation-leading indicators overlapping with employment data, it will further adjust expectations for Federal Reserve policy. Volatility in the US market session may be amplified. Resistance above lies at 4415 and 4445, forming a strong pressure zone. Pay close attention to whether the 4400 psychological level can break effectively. Only if price holds above and breaks through can gold attempt higher again toward key resistance. Short-term support lies at 4365, with 4335 serving as the core defense for this round of bulls versus bears. As long as this support is not broken effectively, the upward continuation structure will remain intact.

In the evening, continue to follow the range-trading approach: when price rebounds into the 4415–4445 resistance zone, look for bearish pressure signals to set up short positions, targeting 4380 and 4350. If price pulls back to 4340–4360 and support is confirmed to stabilize, consider opening long positions, targeting 4380, 4400, and 4420. With the data-driven environment increasing the amount of “washing out” moves at night, manage position sizing properly, strictly follow stop-loss rules, and wait for direction to be confirmed.

The above is only personal advice for reference and does not constitute investment guidance. Please refer to Cheng Jingsheng Shipan’s specific plan for details! $XAU
#XAUUSD
#美国7月CPI与PPI数据本周出炉 Trading isn’t about short-term outrageous profits—it’s about long-term compounding. Get the timing right, strictly stick to stop losses, and even with small positions you can accumulate gains over time. Steady wins and putting money in the bag—two trades bagged $4,300!! ​​​$XAU {future}(XAUUSDT) #XAUUSD
#美国7月CPI与PPI数据本周出炉 Trading isn’t about short-term outrageous profits—it’s about long-term compounding. Get the timing right, strictly stick to stop losses, and even with small positions you can accumulate gains over time. Steady wins and putting money in the bag—two trades bagged $4,300!! ​​​$XAU
#XAUUSD
#美国7月CPI与PPI数据本周出炉 Early morning Lao Cheng has already given a detailed strategy: at the rebound above the first-line resistance at 66.3, he placed a sell order under pressure. As expected, the market moved to 66.28 under resistance and pulled back, dipping as low as around 64.2. The overall downside provides about $2 of room—those who followed Lao Cheng’s timing have already locked in their profits!!! ​​​$XAG {future}(XAGUSDT) #xag
#美国7月CPI与PPI数据本周出炉 Early morning Lao Cheng has already given a detailed strategy: at the rebound above the first-line resistance at 66.3, he placed a sell order under pressure. As expected, the market moved to 66.28 under resistance and pulled back, dipping as low as around 64.2. The overall downside provides about $2 of room—those who followed Lao Cheng’s timing have already locked in their profits!!! ​​​$XAG
#xag
#美国7月CPI与PPI数据本周出炉 Congratulations, Mr. Zhou, for adding 1w knives to the Fan Cang (Back Warehouse) plan. The gold price continues to weaken—stay short continuously. Know the direction and just do it. A total of 5 trades laid out, taking down nearly 9000 knives! $XAU {future}(XAUUSDT) #XAUUSD
#美国7月CPI与PPI数据本周出炉 Congratulations, Mr. Zhou, for adding 1w knives to the Fan Cang (Back Warehouse) plan. The gold price continues to weaken—stay short continuously. Know the direction and just do it. A total of 5 trades laid out, taking down nearly 9000 knives! $XAU
#XAUUSD
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Bearish
#美国7月CPI与PPI数据本周出炉 Cheng Jingsheng Stone Rock|Spot Gold August 13 Midday Analysis Last night’s U.S. CPI data landed as expected and closely matched market forecasts. The probability of a September rate hike fell to 32%, while the probability of keeping interest rates unchanged rose to 67%. The risk of inflation coming in hotter than expected and tightening policy unexpectedly has been completely dispelled. The U.S. dollar and U.S. Treasury yields edged lower, providing a stabilization support for gold prices. This morning’s market action fully delivered on the morning strategy: gold surged up to 4450, the key resistance, faced pressure and pulled back, successfully reaching the 4390 target zone. The single leg of the move gained nearly $60. The current market is in a high-level profit-taking digestion phase. The larger bullish trend has not been broken, but the momentum for a short-term push higher has weakened. Overall, price is ranging and trading below 4400. The strong resistances overhead are 4415 and 4450, with 4450 still being the decisive line separating strength and weakness for this round of bulls. On the downside, 4360 has turned into the first support for the short term; 4350 and 4330 are the core defensive levels for the medium term. As long as support is not effectively broken, the “uptrend continuation” pattern can remain intact. For the afternoon, the range-based swing approach remains the same. If the rebound stalls at 4400–4415, consider placing sell orders, targeting 4365 and 4345. If price pulls back to 4360 or 4335 and the range holds, then look to buy at the right moment, aiming for 4385 and 4405. In a choppy, oscillating market, washouts occur frequently—be sure to strictly control position size, set and follow stop-losses firmly, and wait patiently for clear signals of a valid breakout from the range. The above is only personal advice and for reference purposes only. It does not constitute investment guidance. Please follow Cheng Jingsheng Shishan’s specific plan for details!$XAU {future}(XAUUSDT) #XAUUSD
#美国7月CPI与PPI数据本周出炉 Cheng Jingsheng Stone Rock|Spot Gold August 13 Midday Analysis

Last night’s U.S. CPI data landed as expected and closely matched market forecasts. The probability of a September rate hike fell to 32%, while the probability of keeping interest rates unchanged rose to 67%. The risk of inflation coming in hotter than expected and tightening policy unexpectedly has been completely dispelled. The U.S. dollar and U.S. Treasury yields edged lower, providing a stabilization support for gold prices. This morning’s market action fully delivered on the morning strategy: gold surged up to 4450, the key resistance, faced pressure and pulled back, successfully reaching the 4390 target zone. The single leg of the move gained nearly $60.

The current market is in a high-level profit-taking digestion phase. The larger bullish trend has not been broken, but the momentum for a short-term push higher has weakened. Overall, price is ranging and trading below 4400. The strong resistances overhead are 4415 and 4450, with 4450 still being the decisive line separating strength and weakness for this round of bulls. On the downside, 4360 has turned into the first support for the short term; 4350 and 4330 are the core defensive levels for the medium term. As long as support is not effectively broken, the “uptrend continuation” pattern can remain intact.

For the afternoon, the range-based swing approach remains the same. If the rebound stalls at 4400–4415, consider placing sell orders, targeting 4365 and 4345. If price pulls back to 4360 or 4335 and the range holds, then look to buy at the right moment, aiming for 4385 and 4405.

In a choppy, oscillating market, washouts occur frequently—be sure to strictly control position size, set and follow stop-losses firmly, and wait patiently for clear signals of a valid breakout from the range.

The above is only personal advice and for reference purposes only. It does not constitute investment guidance. Please follow Cheng Jingsheng Shishan’s specific plan for details!$XAU
#XAUUSD
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Bearish
#Shein据报最早8月20日启动港股IPO认购 Cheng Jingsheng Shiyan|Gold Morning Market Review: Morning High-Short Strategy Perfectly Realized During the morning layout phase, Lao Cheng had already clarified his trading plan in advance. He advised entering a short position when the price surged and touched the 4450 key resistance level, under pressure. The target was aimed directly at the 4390 area. The current market action is precisely aligned with the predicted levels. This high-short setup has been smoothly realized, with a one-sided move of nearly a 60 USD range, once again validating the effectiveness of controlling the range rhythm. $XAU {future}(XAUUSDT) #XAUUSD
#Shein据报最早8月20日启动港股IPO认购 Cheng Jingsheng Shiyan|Gold Morning Market Review: Morning High-Short Strategy Perfectly Realized

During the morning layout phase, Lao Cheng had already clarified his trading plan in advance. He advised entering a short position when the price surged and touched the 4450 key resistance level, under pressure. The target was aimed directly at the 4390 area. The current market action is precisely aligned with the predicted levels. This high-short setup has been smoothly realized, with a one-sided move of nearly a 60 USD range, once again validating the effectiveness of controlling the range rhythm. $XAU
#XAUUSD
#美国7月CPI与PPI数据本周出炉 Gold: Swing trade: clear sell-pressure above 4450. Make a decisive move to open a short position. Prioritize the setup for the $20 range. The price has now dipped to the 4405 level at the lowest, and it has fallen out of the $44 range! ​​​$XAU {future}(XAUUSDT) #XAUUSD
#美国7月CPI与PPI数据本周出炉 Gold: Swing trade: clear sell-pressure above 4450. Make a decisive move to open a short position. Prioritize the setup for the $20 range. The price has now dipped to the 4405 level at the lowest, and it has fallen out of the $44 range! ​​​$XAU
#XAUUSD
#Harmony遭攻击疑增发约40亿枚ONE 8.13 Cheng Jingsheng Shipan|Spot Silver August 13 Morning Analysis Last night’s U.S. CPI data landed broadly in line with market expectations. The probability of a September rate hike fell to 32%, while the probability of keeping rates unchanged rose to 67%. This largely dispelled concerns that stronger inflation could trigger tighter policy. The U.S. dollar and Treasury yields saw slight weakness, which directly benefited silver’s price action. Silver combines the safe-haven attributes of precious metals with industrial demand. Its market volatility is far greater than gold. Overnight, it first moved out a rebound and began repairing. In the early session, the market continues with a generally strong sideways consolidation pattern. However, the data did not come in significantly below expectations, so rate-cut expectations cannot be quickly priced in. As a result, the bulls’ offensive strength is limited. In the short term, the market mainly needs to build momentum through range-bound consolidation. Currently, silver is trading around $65.7. Near-term resistance lies at $66.5 and $67.5. The $68 level is the line that determines how strong the current bullish phase is. Downside support for the near term is $64.8, and the key line of defense is $64.0. As long as price does not break down meaningfully below that level, the overall upward structure remains intact. For the morning trading plan, the approach remains: primarily buy on pullbacks at lower levels, with secondary selling pressure at the high end. If the rebound stalls in the $66.3–66.8 area, consider a small short position; set a stop-loss above $67.2, with targets at $65.2 and $64.8. If prices fall back to $64.9–$65.2 and hold steady, look to set up long positions; place a stop-loss below $64.3, with upside targets at $66.4 and $67.2. During the data digestion phase, intraday choppiness and stop-runs may be frequent—be sure to strictly control position size and adhere to stop-loss levels. The above is only personal advice for reference and does not constitute investment advice. Please refer to Cheng Jingsheng Shipan’s specific strategy and positioning!$XAG {future}(XAGUSDT) #xag
#Harmony遭攻击疑增发约40亿枚ONE 8.13 Cheng Jingsheng Shipan|Spot Silver August 13 Morning Analysis

Last night’s U.S. CPI data landed broadly in line with market expectations. The probability of a September rate hike fell to 32%, while the probability of keeping rates unchanged rose to 67%. This largely dispelled concerns that stronger inflation could trigger tighter policy. The U.S. dollar and Treasury yields saw slight weakness, which directly benefited silver’s price action.

Silver combines the safe-haven attributes of precious metals with industrial demand. Its market volatility is far greater than gold. Overnight, it first moved out a rebound and began repairing. In the early session, the market continues with a generally strong sideways consolidation pattern. However, the data did not come in significantly below expectations, so rate-cut expectations cannot be quickly priced in. As a result, the bulls’ offensive strength is limited. In the short term, the market mainly needs to build momentum through range-bound consolidation.

Currently, silver is trading around $65.7. Near-term resistance lies at $66.5 and $67.5. The $68 level is the line that determines how strong the current bullish phase is. Downside support for the near term is $64.8, and the key line of defense is $64.0. As long as price does not break down meaningfully below that level, the overall upward structure remains intact.

For the morning trading plan, the approach remains: primarily buy on pullbacks at lower levels, with secondary selling pressure at the high end. If the rebound stalls in the $66.3–66.8 area, consider a small short position; set a stop-loss above $67.2, with targets at $65.2 and $64.8. If prices fall back to $64.9–$65.2 and hold steady, look to set up long positions; place a stop-loss below $64.3, with upside targets at $66.4 and $67.2. During the data digestion phase, intraday choppiness and stop-runs may be frequent—be sure to strictly control position size and adhere to stop-loss levels.

The above is only personal advice for reference and does not constitute investment advice. Please refer to Cheng Jingsheng Shipan’s specific strategy and positioning!$XAG
#xag
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Bearish
#美国7月CPI与PPI数据本周出炉 8.13 Cheng Jingsheng Shiqipan|Spot gold: evening CPI release analysis Tonight’s US July CPI data was released as expected, with figures matching market expectations. CME interest rate futures data updated in parallel: the probability of a September rate hike fell to 32%, while the probability of keeping current interest rates unchanged rose to 67%. Market mainstream pricing has fully shifted to the idea that the Fed will stand pat in September. This change directly dispels concerns about tighter policy driven by inflation coming in stronger than expected, preventing gold prices from turning downward in the short term and effectively boosting sentiment for a rebound in long positions. After the data release, the US dollar and US Treasury yields edged lower, reducing the opportunity cost of holding gold. However, inflation did not weaken significantly, so expectations for rate cuts are unlikely to be rapidly repriced; longs therefore lack strong momentum to press higher. In the short term, gold price action is likely to remain range-bound, trading between 4400 and 4450. From a technical perspective, 4450 remains the key line that determines the strength of the current uptrend; 4400 is the first support for the near term. 4360 and 4330 are the two critical defense levels. The upward continuation pattern remains intact. In tonight’s trading, continue to use a range strategy. If price rebounds into 4440–4450 and meets resistance, consider opening a small position short with targets at 4410 and 4390. If price pulls back near 4410 and stabilizes, look to go long, targeting 4440 and 4460. During the data digestion phase, intraday whipsaws are frequent—be sure to control position size tightly, set strict stop losses, and wait patiently for clear range-break signals. The above is only personal advice for reference and does not constitute an investment basis. Please refer to Cheng Jingsheng Shiqipan’s specific setup! $XAU {future}(XAUUSDT) #XAUUSD
#美国7月CPI与PPI数据本周出炉

8.13 Cheng Jingsheng Shiqipan|Spot gold: evening CPI release analysis

Tonight’s US July CPI data was released as expected, with figures matching market expectations. CME interest rate futures data updated in parallel: the probability of a September rate hike fell to 32%, while the probability of keeping current interest rates unchanged rose to 67%. Market mainstream pricing has fully shifted to the idea that the Fed will stand pat in September. This change directly dispels concerns about tighter policy driven by inflation coming in stronger than expected, preventing gold prices from turning downward in the short term and effectively boosting sentiment for a rebound in long positions.

After the data release, the US dollar and US Treasury yields edged lower, reducing the opportunity cost of holding gold. However, inflation did not weaken significantly, so expectations for rate cuts are unlikely to be rapidly repriced; longs therefore lack strong momentum to press higher. In the short term, gold price action is likely to remain range-bound, trading between 4400 and 4450. From a technical perspective, 4450 remains the key line that determines the strength of the current uptrend; 4400 is the first support for the near term. 4360 and 4330 are the two critical defense levels. The upward continuation pattern remains intact.

In tonight’s trading, continue to use a range strategy. If price rebounds into 4440–4450 and meets resistance, consider opening a small position short with targets at 4410 and 4390. If price pulls back near 4410 and stabilizes, look to go long, targeting 4440 and 4460. During the data digestion phase, intraday whipsaws are frequent—be sure to control position size tightly, set strict stop losses, and wait patiently for clear range-break signals.

The above is only personal advice for reference and does not constitute an investment basis. Please refer to Cheng Jingsheng Shiqipan’s specific setup! $XAU
#XAUUSD
#美国7月CPI与PPI数据本周出炉 Cheng Jingsheng Stone Slate|Major Alert: Tonight’s CPI Data Is About to Hit At 20:30 tonight, the U.S. July CPI inflation data will be released. It is a key anchor for the Federal Reserve’s interest-rate policy, directly adjusting expectations for a September rate hike. It also affects the U.S. dollar and U.S. Treasury yields, determining the direction of tonight’s broad moves across global commodities and precious metals. Current market consensus: overall CPI year-over-year at 3.4%, and core CPI year-over-year at 2.5%. Softer-than-expected nonfarm payrolls briefly reduced the probability of a rate hike. However, recent oil-price rebounds have brought the probability of a September rate hike back up to the 50% threshold. Tonight’s data will completely break the current standstill of market sentiment. If inflation comes in above expectations, rate-hike expectations will heat up and the dollar will strengthen—gold will face short-term pressure and likely fall. Under that scenario, the price could retrace within the 4320 and 4250 range. If inflation is below expectations, expectations for rate cuts will strengthen, and gold will have room to move higher. In that case, you can continue looking toward the 4460 and 4500 range. If the data meets expectations, gold may continue to consolidate within the 4330–4450 range. During the midday session, gold prices traded in a tug-of-war within the high range. Geopolitical disruptions in the Middle East have weighed on oil prices, limiting the rebound in gold. At this stage, the market trend is mainly technical consolidation. Resistance lies at 4415, 4435, and 4450 is the line that separates strong versus weak bullish momentum. Support is at 4360, and 4330 is the core defense for the upward structure. The above is only my personal advice and is for reference only. It does not constitute investment advice. Please refer to Cheng Jingsheng Stone Slate’s specific market plan for details! $XAU {future}(XAUUSDT) #XAUUSD
#美国7月CPI与PPI数据本周出炉 Cheng Jingsheng Stone Slate|Major Alert: Tonight’s CPI Data Is About to Hit

At 20:30 tonight, the U.S. July CPI inflation data will be released. It is a key anchor for the Federal Reserve’s interest-rate policy, directly adjusting expectations for a September rate hike. It also affects the U.S. dollar and U.S. Treasury yields, determining the direction of tonight’s broad moves across global commodities and precious metals.

Current market consensus: overall CPI year-over-year at 3.4%, and core CPI year-over-year at 2.5%. Softer-than-expected nonfarm payrolls briefly reduced the probability of a rate hike. However, recent oil-price rebounds have brought the probability of a September rate hike back up to the 50% threshold. Tonight’s data will completely break the current standstill of market sentiment.

If inflation comes in above expectations, rate-hike expectations will heat up and the dollar will strengthen—gold will face short-term pressure and likely fall. Under that scenario, the price could retrace within the 4320 and 4250 range. If inflation is below expectations, expectations for rate cuts will strengthen, and gold will have room to move higher. In that case, you can continue looking toward the 4460 and 4500 range. If the data meets expectations, gold may continue to consolidate within the 4330–4450 range.

During the midday session, gold prices traded in a tug-of-war within the high range. Geopolitical disruptions in the Middle East have weighed on oil prices, limiting the rebound in gold. At this stage, the market trend is mainly technical consolidation. Resistance lies at 4415, 4435, and 4450 is the line that separates strong versus weak bullish momentum. Support is at 4360, and 4330 is the core defense for the upward structure.

The above is only my personal advice and is for reference only. It does not constitute investment advice. Please refer to Cheng Jingsheng Stone Slate’s specific market plan for details! $XAU
#XAUUSD
#美国7月CPI与PPI数据本周出炉 Huang (daily) intraday current price is around the 4390 area, currently consolidating and moving within a range. Overall momentum is weak. Multiple attempts to break above 4395 have failed. You can rely on this resistance to place a short position under pressure. Targets are looking toward the 4380 and 4375 areas. Set protection/stop-loss at around 4402. The above is only my personal suggestion for reference only and does not constitute investment advice ​​​$XAU {future}(XAUUSDT) #XAUUSD
#美国7月CPI与PPI数据本周出炉 Huang (daily) intraday current price is around the 4390 area, currently consolidating and moving within a range. Overall momentum is weak. Multiple attempts to break above 4395 have failed. You can rely on this resistance to place a short position under pressure. Targets are looking toward the 4380 and 4375 areas. Set protection/stop-loss at around 4402.

The above is only my personal suggestion for reference only and does not constitute investment advice ​​​$XAU
#XAUUSD
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Bearish
#美国7月CPI与PPI数据本周出炉 Cheng Jingsheng Shipan|Spot Gold August 12 Midday Analysis By midday, the gold price ended the early session’s narrow sideways fluctuation with a slight rebound. Overall, it has been ranging back and forth within a high-level area. Market funds are all waiting for the 20:30 U.S. July CPI data tonight. This figure is the core catalyst for this week’s trading and will directly determine the future direction of gold. The situation in the Middle East remains volatile and uncertain. The消息 about the Strait of Hormuz being open for navigation has been pending for a long time. Oil prices have risen, lifting gold briefly before it pulled back. At this stage, the market is mainly driven by technical range-bound fluctuations. Gold is currently trading around 4400 USD. Key resistance levels are 4415, 4435, while 4450 is the line separating strong and weak forces between buyers and sellers. Support below is 4360; 4330 is the core defense level. As long as this level is not broken, the upward structure remains intact. Midday strategy continues with selling rallies as the primary approach and buying dips as a secondary one. If price rebounds into 4415-4435 and faces resistance, look to sell short with targets at 4390 and 4365. If price retraces to 4360-4375 and stabilizes, consider going long with targets at 4400 and 4420. With the evening data getting close, market volatility will likely increase. Be sure to tightly control position sizing and set up stop-loss and risk management. The above is only personal advice for reference and does not constitute an investment basis. Please follow the layout by Cheng Jingsheng Shipan for details! $XAUT {future}(XAUTUSDT) #XAUUSD
#美国7月CPI与PPI数据本周出炉 Cheng Jingsheng Shipan|Spot Gold August 12 Midday Analysis

By midday, the gold price ended the early session’s narrow sideways fluctuation with a slight rebound. Overall, it has been ranging back and forth within a high-level area. Market funds are all waiting for the 20:30 U.S. July CPI data tonight. This figure is the core catalyst for this week’s trading and will directly determine the future direction of gold.

The situation in the Middle East remains volatile and uncertain. The消息 about the Strait of Hormuz being open for navigation has been pending for a long time. Oil prices have risen, lifting gold briefly before it pulled back. At this stage, the market is mainly driven by technical range-bound fluctuations.

Gold is currently trading around 4400 USD. Key resistance levels are 4415, 4435, while 4450 is the line separating strong and weak forces between buyers and sellers. Support below is 4360; 4330 is the core defense level. As long as this level is not broken, the upward structure remains intact.

Midday strategy continues with selling rallies as the primary approach and buying dips as a secondary one. If price rebounds into 4415-4435 and faces resistance, look to sell short with targets at 4390 and 4365. If price retraces to 4360-4375 and stabilizes, consider going long with targets at 4400 and 4420.

With the evening data getting close, market volatility will likely increase. Be sure to tightly control position sizing and set up stop-loss and risk management.

The above is only personal advice for reference and does not constitute an investment basis. Please follow the layout by Cheng Jingsheng Shipan for details! $XAUT
#XAUUSD
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