8.26 Gold Investment Customer Gold Evening Review: 4673 Top and Then Plunged 60 Points! Gold Probes and Stabilizes
Gold has charted a move of rallying high then dipping to repair its lows. After pushing up to the 4673 intraday swing high, it met selling pressure. Bears then took the lead and continued to drive the price lower, with the intraday low dropping to the 4613 swing low. As bearish momentum gradually ran out, buy-side funds at lower levels began to step in one after another. Price then stabilized and recovered. It is currently hovering around 4627, and market sentiment has gradually shifted from short-term bearishness back toward stability.
From the 10-minute short-term structure, the bottom-bounce repair pattern has already been established. The 4613 area has successfully reinforced a strong short-term support zone. The upper rebound resistance zone is focused on 4650–4673, where the previous highs correspond to a heavy supply/sell-pressure area. Short-term moving averages still weigh on price. However, the MACD green histogram continues to shrink, and the KDJ has turned upward from the low level—indicating a short-term need for rebound and repair.
Set short positions in the 4630–4650 rebound range, with targets at 4600 and 4580.
$XAU $LAB #黄金
Gold has charted a move of rallying high then dipping to repair its lows. After pushing up to the 4673 intraday swing high, it met selling pressure. Bears then took the lead and continued to drive the price lower, with the intraday low dropping to the 4613 swing low. As bearish momentum gradually ran out, buy-side funds at lower levels began to step in one after another. Price then stabilized and recovered. It is currently hovering around 4627, and market sentiment has gradually shifted from short-term bearishness back toward stability.
From the 10-minute short-term structure, the bottom-bounce repair pattern has already been established. The 4613 area has successfully reinforced a strong short-term support zone. The upper rebound resistance zone is focused on 4650–4673, where the previous highs correspond to a heavy supply/sell-pressure area. Short-term moving averages still weigh on price. However, the MACD green histogram continues to shrink, and the KDJ has turned upward from the low level—indicating a short-term need for rebound and repair.
Set short positions in the 4630–4650 rebound range, with targets at 4600 and 4580.
$XAU $LAB #黄金
