Based on the intraday chart trend, although gold is currently high, it is clearly showing a sideways range. For now, within the day we expect consolidation and oscillation within the 4680–4515 area. Technically, my subjective expectation still leans toward a pullback and correction. That is, if during the day price returns to below the intraday moving average around 4645–4640, then the overall structural focus would tilt downward, and it may also trigger a larger pullback at a higher level.
In terms of trading, the main intraday outlook can continue to maintain the expectation of correction, but you still need to guard against emotional swings caused by possible fundamental developments.
For the daytime session, we expect the market to range between 4680 and 4615. Aggressive traders can conduct short-term low-buys and high-sells within this zone, with emphasis on selling short near the highs.
If the intraday price tests the 4670–4680 area again, aggressive traders can attempt another short setup. If price holds above 4685, exit manually with a stop. Targets: look for 4650–4640 first to reduce positions and switch to break-even stop-loss; then for remaining longs, continue to reduce near 4615 and 4600.
If the intraday price does not break 4680 and during the European session it returns below 4645–40, then aggressive traders may wait to test the pressure zone of 4640–4645 and place another short. The specific strategy needs to be adjusted in real time.#黄金
In terms of trading, the main intraday outlook can continue to maintain the expectation of correction, but you still need to guard against emotional swings caused by possible fundamental developments.
For the daytime session, we expect the market to range between 4680 and 4615. Aggressive traders can conduct short-term low-buys and high-sells within this zone, with emphasis on selling short near the highs.
If the intraday price tests the 4670–4680 area again, aggressive traders can attempt another short setup. If price holds above 4685, exit manually with a stop. Targets: look for 4650–4640 first to reduce positions and switch to break-even stop-loss; then for remaining longs, continue to reduce near 4615 and 4600.
If the intraday price does not break 4680 and during the European session it returns below 4645–40, then aggressive traders may wait to test the pressure zone of 4640–4645 and place another short. The specific strategy needs to be adjusted in real time.#黄金
