7.31 Gold Early Call: Midnight Low-Buy Plan Perfectly Realized, Sideways Consolidation at High Levels
Last night’s pullback low-buy plan was perfectly executed, with gold price maintaining its range in the high zone. The 1-hour and 30-minute Bollinger Bands remain in an upward formation. The current price is trading between the Bollinger midline and upper band. The Bollinger channel is slowly narrowing; the RSI is in a neutral range. The pace of the bullish advance has slowed, and the market has entered a consolidation and buildup phase.
Resistance above: 4125, 4136; Support below: 4103, 4080.
KoKo’s suggestion: During the day, continue to focus on buying the dips. Look for long positions around 4080–4100, with targets at 4120 and 4140. Avoid chasing at high levels; wait for a pullback to stabilize before positioning. Use strict stop-losses in your trades.
Disclaimer: The above are only my personal views and do not constitute investment advice.#黄金
Last night’s pullback low-buy plan was perfectly executed, with gold price maintaining its range in the high zone. The 1-hour and 30-minute Bollinger Bands remain in an upward formation. The current price is trading between the Bollinger midline and upper band. The Bollinger channel is slowly narrowing; the RSI is in a neutral range. The pace of the bullish advance has slowed, and the market has entered a consolidation and buildup phase.
Resistance above: 4125, 4136; Support below: 4103, 4080.
KoKo’s suggestion: During the day, continue to focus on buying the dips. Look for long positions around 4080–4100, with targets at 4120 and 4140. Avoid chasing at high levels; wait for a pullback to stabilize before positioning. Use strict stop-losses in your trades.
Disclaimer: The above are only my personal views and do not constitute investment advice.#黄金