9.16, Wednesday, Gold, Evening Outlook
Earlier this morning, gold rose and tested the 4346 high, but it met resistance and pulled back. It’s currently ranging around 4332.
This rally can only be considered a short-term rebound before the news comes out. Upward momentum is limited, and the bearish trend has not been reversed yet. Overhead resistance is very clear. Tonight’s U.S. Federal Reserve interest rate decision is the top priority. The overall outlook remains unchanged—continue to look for <keep unchanged>
As for the setup:
Sell the 4340–4350 area on the rebound. The first target is still the 4300 level. If it breaks down further, then look for 4260 and 4235$BTC #美联储加息是否已成定局
Earlier this morning, gold rose and tested the 4346 high, but it met resistance and pulled back. It’s currently ranging around 4332.
This rally can only be considered a short-term rebound before the news comes out. Upward momentum is limited, and the bearish trend has not been reversed yet. Overhead resistance is very clear. Tonight’s U.S. Federal Reserve interest rate decision is the top priority. The overall outlook remains unchanged—continue to look for <keep unchanged>
As for the setup:
Sell the 4340–4350 area on the rebound. The first target is still the 4300 level. If it breaks down further, then look for 4260 and 4235$BTC #美联储加息是否已成定局
