Intraday Gold Thoughts (9/15):
（Daily insights are only for my own chart-watching records and not a basis for copy-trading. Trading involves risk—please consider risk first!）
When I was preparing to buy the dip yesterday, it wasn’t that I hadn’t thought about 4270 or hadn’t thought about 4250;
it’s just that in the past few attempts to buy the dip, I kept chasing the perfect bottom, and the price always started to rally before reaching the expected level.
This time, I was a bit worried that the same thing would happen, so I simply gave up on entering short and waited for the right level instead.
4250 and 4266 were the support levels I mentioned the first time the market broke below 4300; the result back then was that it probed down to 4282.
This time, I thought it could only go to 4270 or 4280, but it reached 4253.
In fact, reaching 4253 is fine—at least this time the bottom isn’t lacking anything.
In the next few days, the market may see a certain rebound and upward move.
So back to today:
During today’s rise, the first pressure point is around 4330; next is the pressure in the 4345–4350 zone.
When price first touches these pressure areas, there may be some pullback.
If today’s rally goes well, there’s a chance it could reach around 4380.$XAU
（Daily insights are only for my own chart-watching records and not a basis for copy-trading. Trading involves risk—please consider risk first!）
When I was preparing to buy the dip yesterday, it wasn’t that I hadn’t thought about 4270 or hadn’t thought about 4250;
it’s just that in the past few attempts to buy the dip, I kept chasing the perfect bottom, and the price always started to rally before reaching the expected level.
This time, I was a bit worried that the same thing would happen, so I simply gave up on entering short and waited for the right level instead.
4250 and 4266 were the support levels I mentioned the first time the market broke below 4300; the result back then was that it probed down to 4282.
This time, I thought it could only go to 4270 or 4280, but it reached 4253.
In fact, reaching 4253 is fine—at least this time the bottom isn’t lacking anything.
In the next few days, the market may see a certain rebound and upward move.
So back to today:
During today’s rise, the first pressure point is around 4330; next is the pressure in the 4345–4350 zone.
When price first touches these pressure areas, there may be some pullback.
If today’s rally goes well, there’s a chance it could reach around 4380.$XAU