8.18 Market Overview: XAU box-range consolidation—have you learned to buy low and sell high?
XAU gold is trading in a 4440–4318 box range. As long as resistance at the upper boundary does not break upward and support at the lower boundary does not break down, you can keep buying low and selling high within the range.
The 4440 resistance has been touched multiple times but has not formed a valid breakout—its resistance verification is effective.
4363 provides solid support with a key horizontal level that connects above and below; it also aligns with the 0.618 retracement from the low to the high, creating a resonance with support.
4318 is the bottom support of the box. The number of retest attempts is valid—if the price breaks below it, you must cut losses, because there is no effective support underneath.
For the left-side setup: stay short from 4440, defense at 4492, targets around 4388 and 4331, with a risk-reward ratio of 2.06.
For the left-side setup: stay long from 4365, can add on dips, with defense also placed around 4318, targets around 4412 and 4440, with a risk-reward ratio of 1.71.
If you’re passing by, please take a moment to follow, like, and leave a comment—your support means a lot. Thank you! The information above is for chart analysis only and is not meant as trading instructions;
Follow me so you won’t get lost. I’ll bring you the latest updates and level analysis every day, along with the wealth “password” you want. Remember to follow, like, and comment #以太坊基金会启动Glamsterdam测试网 $XAU
XAU gold is trading in a 4440–4318 box range. As long as resistance at the upper boundary does not break upward and support at the lower boundary does not break down, you can keep buying low and selling high within the range.
The 4440 resistance has been touched multiple times but has not formed a valid breakout—its resistance verification is effective.
4363 provides solid support with a key horizontal level that connects above and below; it also aligns with the 0.618 retracement from the low to the high, creating a resonance with support.
4318 is the bottom support of the box. The number of retest attempts is valid—if the price breaks below it, you must cut losses, because there is no effective support underneath.
For the left-side setup: stay short from 4440, defense at 4492, targets around 4388 and 4331, with a risk-reward ratio of 2.06.
For the left-side setup: stay long from 4365, can add on dips, with defense also placed around 4318, targets around 4412 and 4440, with a risk-reward ratio of 1.71.
If you’re passing by, please take a moment to follow, like, and leave a comment—your support means a lot. Thank you! The information above is for chart analysis only and is not meant as trading instructions;
Follow me so you won’t get lost. I’ll bring you the latest updates and level analysis every day, along with the wealth “password” you want. Remember to follow, like, and comment #以太坊基金会启动Glamsterdam测试网 $XAU
