$XAU
After gold surged and touched the 4673 area, it met strong downward pressure, with a large wave of sell orders pouring in. Although the broader, multi-timeframe bullish structure has not been broken, the 15-minute chart has already formed a top after the spike; the market has switched from one-way rally to high-level range-bound consolidation and pullback. At this point, it is strictly not advisable to keep chasing longs.
In the medium to long term, the moving averages remain upward, and major-level support is still valid. However, on the shorter timeframe, the K-lines have already fallen below the short-term moving averages, and the momentum for short-term longs has clearly weakened. 4660-4670 forms a strong resistance zone. If price rebounds into this area, it will face heavier selling pressure.
4620-4605 is the key defensive zone for this leg of the rally. If support holds, the market will likely be undergoing a high-level shakeout. If it is broken effectively, then this short-term upswing would end, bringing a deeper correction.
#比特币受阻于81000美元50周均线 #美国财政部设量子就绪工作组 #美国加密股指数涨5.04%
After gold surged and touched the 4673 area, it met strong downward pressure, with a large wave of sell orders pouring in. Although the broader, multi-timeframe bullish structure has not been broken, the 15-minute chart has already formed a top after the spike; the market has switched from one-way rally to high-level range-bound consolidation and pullback. At this point, it is strictly not advisable to keep chasing longs.
In the medium to long term, the moving averages remain upward, and major-level support is still valid. However, on the shorter timeframe, the K-lines have already fallen below the short-term moving averages, and the momentum for short-term longs has clearly weakened. 4660-4670 forms a strong resistance zone. If price rebounds into this area, it will face heavier selling pressure.
4620-4605 is the key defensive zone for this leg of the rally. If support holds, the market will likely be undergoing a high-level shakeout. If it is broken effectively, then this short-term upswing would end, bringing a deeper correction.
#比特币受阻于81000美元50周均线 #美国财政部设量子就绪工作组 #美国加密股指数涨5.04%
