9.4 Gold Morning Strategy
Overnight price probing reached the 4510 area, then came under pressure and moved downward. Market sentiment has cooled somewhat. The chart has shifted into a high-level range-bound tug-of-war; the upward momentum has clearly slowed.
On the hourly timeframe, the upward momentum is gradually converging. Price has been slowly retreating from the highs. Currently it is still trading above the middle band of the Bollinger Bands. In terms of the broader environment, the previously bearish fundamentals have not yet been fully dispersed. This move can only be watched as a rebound after a big selloff—so remember, at high levels, do not blindly chase gains.
Key Levels
Resistance: 4510, 4500
Support: 4455, 4400
Trading Plan:
Entry: Look for selling pressure upon rebound into the 4495-4515 range. Target 4460. After a breakout, look for 4430 and 4400.
(Individual advice is for reference only. Remember to set your stop-loss and manage risk.)
#黄金 #币安人生
Overnight price probing reached the 4510 area, then came under pressure and moved downward. Market sentiment has cooled somewhat. The chart has shifted into a high-level range-bound tug-of-war; the upward momentum has clearly slowed.
On the hourly timeframe, the upward momentum is gradually converging. Price has been slowly retreating from the highs. Currently it is still trading above the middle band of the Bollinger Bands. In terms of the broader environment, the previously bearish fundamentals have not yet been fully dispersed. This move can only be watched as a rebound after a big selloff—so remember, at high levels, do not blindly chase gains.
Key Levels
Resistance: 4510, 4500
Support: 4455, 4400
Trading Plan:
Entry: Look for selling pressure upon rebound into the 4495-4515 range. Target 4460. After a breakout, look for 4430 and 4400.
(Individual advice is for reference only. Remember to set your stop-loss and manage risk.)
#黄金 #币安人生
