Gold Evening Strategy for August 13
After a bottoming rebound on the hourly chart, the pressure is evident. The price rebound has failed to effectively break through the Bollinger middle-band resistance. This move is only a technical repair after the decline; the trend of the larger timeframe has not changed. In the evening, the Initial Jobless Claims data may be subject to variation. If the data is strong, it will bolster the U.S. dollar and further pressure gold prices. Be cautious: if the rebound ends, another pullback may begin again.
Key Levels
Resistance: 4400, 4435
Support: 4370, 4365
Strategy:
Consider shorting/intraday positioning in the 4395–4405 range. Targets: 4370, 4365, 4350.
Note: This is for reference only and does not constitute any investment advice.#黄金
After a bottoming rebound on the hourly chart, the pressure is evident. The price rebound has failed to effectively break through the Bollinger middle-band resistance. This move is only a technical repair after the decline; the trend of the larger timeframe has not changed. In the evening, the Initial Jobless Claims data may be subject to variation. If the data is strong, it will bolster the U.S. dollar and further pressure gold prices. Be cautious: if the rebound ends, another pullback may begin again.
Key Levels
Resistance: 4400, 4435
Support: 4370, 4365
Strategy:
Consider shorting/intraday positioning in the 4395–4405 range. Targets: 4370, 4365, 4350.
Note: This is for reference only and does not constitute any investment advice.#黄金