August 18 【Golden Intra-day】 4449 meteor line overhead pressure; rebound within 1 hour to 4420-4430. Sell short under pressure
On the 1-hour timeframe: rebound from the 4223 low to 4415-4436, then momentum slows as price approaches the prior high at 4449.84 meteor-line resistance. The 4420-4430 area corresponds to the earlier dense trading zone plus near the upper Bollinger Band. MACD shows shrinking red histogram bars at high levels, with no subsequent expansion—rally is treated as repair, not a reversal. 4380 is the pivot where yesterday’s close support flips between long and short; before 4449 is broken, the short-term bias is bearish/high-level consolidation—don’t chase longs.
Strategy: sell short in the rebound range 4450-4430. Place defense above 4450 (e.g., 4455). Targets: 4405 and 4380. If 4380 breaks down, look for 4360-4350; strong support below lies at 4320-4300. If the body breaks through and holds above 4455, the setup is invalid—stand by. $XAU #黄金下跌
On the 1-hour timeframe: rebound from the 4223 low to 4415-4436, then momentum slows as price approaches the prior high at 4449.84 meteor-line resistance. The 4420-4430 area corresponds to the earlier dense trading zone plus near the upper Bollinger Band. MACD shows shrinking red histogram bars at high levels, with no subsequent expansion—rally is treated as repair, not a reversal. 4380 is the pivot where yesterday’s close support flips between long and short; before 4449 is broken, the short-term bias is bearish/high-level consolidation—don’t chase longs.
Strategy: sell short in the rebound range 4450-4430. Place defense above 4450 (e.g., 4455). Targets: 4405 and 4380. If 4380 breaks down, look for 4360-4350; strong support below lies at 4320-4300. If the body breaks through and holds above 4455, the setup is invalid—stand by. $XAU #黄金下跌