9.3 Gold Evening Strategy
🔥 The Fight for Unemployment Benefits!
Gold price 4443 level: tremor and await a crucial battle
After the white (gold) price rises and reaches a high, it enters a high-level sideways consolidation phase. The upward pace slows down, and the market enters a phase of contest.
On the hourly chart, the Bollinger Bands continue to open upward. Price is trading between the Bollinger middle band and upper band. The “super-disk” rebound that started from the 4282 low has not ended yet. However, the previous high near 4443 faces strong resistance. In the near term, upside momentum for the bull side has weakened. In the evening, the key focus is the U.S. Initial Jobless Claims data. The outcome of the unemployment benefits data will directly affect market expectations for Federal Reserve policy, which in turn will influence the short-term trend of the dollar and gold. Once the data is released, it is prone to cause gold to spike up and down (forming needle-like moves). In the high-level phase, do not blindly chase or kill the rally.
Key Levels
Resistance: 4455, 4480
Support: 4406, 4358
Strategy:
If the price pulls back to and stabilizes within the 4410–4425 zone, look for long entries with a target of 4450. Near 4455, where it faces pressure, you may consider short-term tactical pullback trades.
Note: This is for reference only and does not constitute any investment advice. In the evening, the unemployment claims data may increase volatility and raise the risk of range-trading “washing.” Take light exposure and set strict defenses—control your risk. #黄金 $XAUT
🔥 The Fight for Unemployment Benefits!
Gold price 4443 level: tremor and await a crucial battle
After the white (gold) price rises and reaches a high, it enters a high-level sideways consolidation phase. The upward pace slows down, and the market enters a phase of contest.
On the hourly chart, the Bollinger Bands continue to open upward. Price is trading between the Bollinger middle band and upper band. The “super-disk” rebound that started from the 4282 low has not ended yet. However, the previous high near 4443 faces strong resistance. In the near term, upside momentum for the bull side has weakened. In the evening, the key focus is the U.S. Initial Jobless Claims data. The outcome of the unemployment benefits data will directly affect market expectations for Federal Reserve policy, which in turn will influence the short-term trend of the dollar and gold. Once the data is released, it is prone to cause gold to spike up and down (forming needle-like moves). In the high-level phase, do not blindly chase or kill the rally.
Key Levels
Resistance: 4455, 4480
Support: 4406, 4358
Strategy:
If the price pulls back to and stabilizes within the 4410–4425 zone, look for long entries with a target of 4450. Near 4455, where it faces pressure, you may consider short-term tactical pullback trades.
Note: This is for reference only and does not constitute any investment advice. In the evening, the unemployment claims data may increase volatility and raise the risk of range-trading “washing.” Take light exposure and set strict defenses—control your risk. #黄金 $XAUT
