September 18 Spot Gold Evening Analysis
During a period of consolidation and upward movement, there will always be brief pullbacks. Don’t be overly pessimistic just because the price stalls in the short term. Follow the structure’s rhythm for your positioning and strictly adhere to risk-control limits.
In the morning session, the Asian market pulled back to around 4334, then stabilized and rebounded. The price later topped out near 4399 and fell into a phase of consolidation and correction under pressure. Momentum for the short-term uptrend is gradually slowing, but the overall rebound structure has not been broken.
On the 4-hour chart, the MACD has formed a golden cross with lines breaking upward through the zero axis trend. The RSI is opening upward with expanding volume, indicating that in the short term it may not enter a clear, deep pullback. A first resistance level lies at 4400, with stronger resistance at 4420. On the downside, short-term supports are at 4350 and 4330. Unless there is a major catalyst from the news, the price may continue to trade in a consolidation-but-leaning-strong pattern.
For the evening, the plan remains the same as the morning: mainly look for buying opportunities on pullbacks. It is recommended that once the price pulls back and stabilizes in the 4335–4350 zone, you can enter long positions. The northbound target area is 4385–4415;
If the price rebounds into the 4400–4420 zone and shows clear signs of rejection or stagnation, you may consider a small short position. Place defense above 4435, and target a decline toward around 4350. During the US session, liquidity increases and volatility will also rise. Manage your position size reasonably and strictly set stop-losses.
The above is for market outlook sharing only and does not constitute any investment advice. Please refer to Cheng Jingsheng Shipan’s specific trading plan!$XAU
#日本央行加息至31年高位
During a period of consolidation and upward movement, there will always be brief pullbacks. Don’t be overly pessimistic just because the price stalls in the short term. Follow the structure’s rhythm for your positioning and strictly adhere to risk-control limits.
In the morning session, the Asian market pulled back to around 4334, then stabilized and rebounded. The price later topped out near 4399 and fell into a phase of consolidation and correction under pressure. Momentum for the short-term uptrend is gradually slowing, but the overall rebound structure has not been broken.
On the 4-hour chart, the MACD has formed a golden cross with lines breaking upward through the zero axis trend. The RSI is opening upward with expanding volume, indicating that in the short term it may not enter a clear, deep pullback. A first resistance level lies at 4400, with stronger resistance at 4420. On the downside, short-term supports are at 4350 and 4330. Unless there is a major catalyst from the news, the price may continue to trade in a consolidation-but-leaning-strong pattern.
For the evening, the plan remains the same as the morning: mainly look for buying opportunities on pullbacks. It is recommended that once the price pulls back and stabilizes in the 4335–4350 zone, you can enter long positions. The northbound target area is 4385–4415;
If the price rebounds into the 4400–4420 zone and shows clear signs of rejection or stagnation, you may consider a small short position. Place defense above 4435, and target a decline toward around 4350. During the US session, liquidity increases and volatility will also rise. Manage your position size reasonably and strictly set stop-losses.
The above is for market outlook sharing only and does not constitute any investment advice. Please refer to Cheng Jingsheng Shipan’s specific trading plan!$XAU
#日本央行加息至31年高位
