8.4 Gold Analysis and Trading Recommendations
From the chart, after dipping to the 4042.61 low during the Asian session, the gold price received clear buy-side support and has rebounded to around 4063. The moving average system (MA5/10/20) is highly clustered in the 4061–4062 area and has already been reclaimed by price, indicating that short-term balance between bulls and bears is tilting toward the upside. However, the intraday high at 4069.33 has not yet been broken, and after the morning sell-off the market sentiment is mainly in a repair phase, so the momentum to directly push through the resistance is somewhat insufficient.
Direction bias: Sideways-to-bullish (prefer long positions on dips, with shorts as a secondary option).
Specific trading range strategy:
Key focus: The support zone at 4055–4060. If in the afternoon price pulls back into this area (near the MA20 support) and shows a bounce/stabilization signal, it can be considered a good opportunity to test long.
First target: Look toward 4069–4070 (the intraday high). If it breaks out with increased volume, you can further hold toward 4075–4080.
Defensive level: Set below 4048 (i.e., the second breakout point from the early session).
If the market does not offer a pullback and instead rallies directly to touch the 4070–4072 area, and without any clear catalyst from the news, you may consider a small-position short-term short trade.
Target: 4060–4062
Stop loss: Above 4075
But considering that the market focus has shifted higher, any shorting must be executed with strict “enter and exit quickly.” The main idea is still to buy on retracements to support. If there is an effective breakdown below 4042, you must promptly stop out and switch your thinking.
#黄金
From the chart, after dipping to the 4042.61 low during the Asian session, the gold price received clear buy-side support and has rebounded to around 4063. The moving average system (MA5/10/20) is highly clustered in the 4061–4062 area and has already been reclaimed by price, indicating that short-term balance between bulls and bears is tilting toward the upside. However, the intraday high at 4069.33 has not yet been broken, and after the morning sell-off the market sentiment is mainly in a repair phase, so the momentum to directly push through the resistance is somewhat insufficient.
Direction bias: Sideways-to-bullish (prefer long positions on dips, with shorts as a secondary option).
Specific trading range strategy:
Key focus: The support zone at 4055–4060. If in the afternoon price pulls back into this area (near the MA20 support) and shows a bounce/stabilization signal, it can be considered a good opportunity to test long.
First target: Look toward 4069–4070 (the intraday high). If it breaks out with increased volume, you can further hold toward 4075–4080.
Defensive level: Set below 4048 (i.e., the second breakout point from the early session).
If the market does not offer a pullback and instead rallies directly to touch the 4070–4072 area, and without any clear catalyst from the news, you may consider a small-position short-term short trade.
Target: 4060–4062
Stop loss: Above 4075
But considering that the market focus has shifted higher, any shorting must be executed with strict “enter and exit quickly.” The main idea is still to buy on retracements to support. If there is an effective breakdown below 4042, you must promptly stop out and switch your thinking.
#黄金
