There’s an opportunity every day, but not every market move is for you. It’s better to miss than to make a mistake. $XAU #黄金
Post
--Bullish
江弈观金
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Bullish 9、21 market trend analysis strategy
From the hourly timeframe, there is a slight intraday pullback; it closed slightly down, and overall it is in high-level consolidation after a surge. The hourly moving averages are intertwined; the 5-, 10-, and 20-period moving averages are almost stuck together. The balance between long and short forces is even, and in the short term there is no clear unidirectional trend.
The near-term resistance above is 4382‑4399. The prior high at 4399.60 is an important strong resistance. Near-term support below is 4371, and the key defense low is 4306.72. Once this level is broken, the room for the pullback will open further.
Recommendations
- Long: buy on a pullback at 4350‑4330, with targets at 4395-4410. If the breakout holds, keep looking higher! $XAU #黄金
From the hourly timeframe, there is a slight intraday pullback; it closed slightly down, and overall it is in high-level consolidation after a surge. The hourly moving averages are intertwined; the 5-, 10-, and 20-period moving averages are almost stuck together. The balance between long and short forces is even, and in the short term there is no clear unidirectional trend.
The near-term resistance above is 4382‑4399. The prior high at 4399.60 is an important strong resistance. Near-term support below is 4371, and the key defense low is 4306.72. Once this level is broken, the room for the pullback will open further.
Recommendations
- Long: buy on a pullback at 4350‑4330, with targets at 4395-4410. If the breakout holds, keep looking higher! $XAU #黄金