$XAU #黄金 perfect 4419 target 4470 arriving at our target position 51 points profit
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江弈观金
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Bullish9, 3 afternoon market outlook analysis strategy:
Intraday gold continues its strong upward trend. It started rising from the low at 4381, rallied to a high of 4441.71 during the session, and the current price is 4438.25. The hourly moving averages are arranged in a bullish (upward) alignment. Price is steadily trading above the moving averages across multiple timeframes. After the deep pullback, the rebound has continued to intensify, and the bullish trend remains dominant.
The short-term resistance above is 4441-4455, which is the pressure zone for this push higher. Support is 4419, with the key defense level at 4397. As long as this moving-average support level holds, the upward momentum is likely to continue.
Suggested $XAU #黄金
4419-4400 support zone stabilizes first, take profit; stop loss below 4390. First target 4450; if broken, look toward the 4470 area.
Intraday gold continues its strong upward trend. It started rising from the low at 4381, rallied to a high of 4441.71 during the session, and the current price is 4438.25. The hourly moving averages are arranged in a bullish (upward) alignment. Price is steadily trading above the moving averages across multiple timeframes. After the deep pullback, the rebound has continued to intensify, and the bullish trend remains dominant.
The short-term resistance above is 4441-4455, which is the pressure zone for this push higher. Support is 4419, with the key defense level at 4397. As long as this moving-average support level holds, the upward momentum is likely to continue.
Suggested $XAU #黄金
4419-4400 support zone stabilizes first, take profit; stop loss below 4390. First target 4450; if broken, look toward the 4470 area.