#美国存储芯片股盘前下跌 Old Cheng Analyses Gold｜Spot Gold Evening Analysis
Good evening. Today’s midday short-selling strategy was perfectly executed. From 4355 under resistance, price slid down to 4278, creating a bearish space of 77 dollars. With the Federal Reserve decision getting closer, the market has started pricing in the rate-hike expectations in advance. For the short term, bears have the upper hand, but at lower levels there may be a rebound for repair. Be cautious of a spike-and-pullout “needle” to shake out positions—do not blindly chase shorts.
Technically, the short-term bearish structure has not changed. Overhead short-term resistances are 4325–4345, with strong resistance at 4360. Support is at 4278; the key defense is 4250. If it breaks down convincingly, it will open further downside space.
For the evening, remain focused on selling rallies. If price rebounds to 4310–4325 and meets resistance, you can set up short positions. Targets to watch are 4290 and 4278. Don’t rush to bottom-fish at low levels—wait for the rebound to fail before acting. Ahead of the decision, volatility will increase. Please operate lightly, strictly manage risk, and always set a stop-loss.
Markets change rapidly. The content is for exchange and sharing only and does not constitute any investment advice. Please refer to Cheng Jingsheng’s Shipan layout for specifics! $XAU
#XAUUSD
Good evening. Today’s midday short-selling strategy was perfectly executed. From 4355 under resistance, price slid down to 4278, creating a bearish space of 77 dollars. With the Federal Reserve decision getting closer, the market has started pricing in the rate-hike expectations in advance. For the short term, bears have the upper hand, but at lower levels there may be a rebound for repair. Be cautious of a spike-and-pullout “needle” to shake out positions—do not blindly chase shorts.
Technically, the short-term bearish structure has not changed. Overhead short-term resistances are 4325–4345, with strong resistance at 4360. Support is at 4278; the key defense is 4250. If it breaks down convincingly, it will open further downside space.
For the evening, remain focused on selling rallies. If price rebounds to 4310–4325 and meets resistance, you can set up short positions. Targets to watch are 4290 and 4278. Don’t rush to bottom-fish at low levels—wait for the rebound to fail before acting. Ahead of the decision, volatility will increase. Please operate lightly, strictly manage risk, and always set a stop-loss.
Markets change rapidly. The content is for exchange and sharing only and does not constitute any investment advice. Please refer to Cheng Jingsheng’s Shipan layout for specifics! $XAU
#XAUUSD
