9/23 afternoon market trend analysis strategy
After a sharp intra-day pullback on the one-hour chart, prices have been declining under pressure from previous highs. On the one-hour timeframe, all moving averages have turned downward, with the 5, 10, and 20-period moving averages forming bearish pressure, and short-term bearish momentum is dominant.
Upper short-term resistance is 4338‑4342, and the previous rebound high at 4376.06 is an important strong resistance level; lower short-term support is 4317, with the key defense low at 4291.54. Once this level is broken, downside room will open further.
Suggestion
- Short: rebound to 4340‑4355, target 4300‑4290#黄金 $XAU
After a sharp intra-day pullback on the one-hour chart, prices have been declining under pressure from previous highs. On the one-hour timeframe, all moving averages have turned downward, with the 5, 10, and 20-period moving averages forming bearish pressure, and short-term bearish momentum is dominant.
Upper short-term resistance is 4338‑4342, and the previous rebound high at 4376.06 is an important strong resistance level; lower short-term support is 4317, with the key defense low at 4291.54. Once this level is broken, downside room will open further.
Suggestion
- Short: rebound to 4340‑4355, target 4300‑4290#黄金 $XAU