Chen Jie Recap Last Tuesday

On Tuesday morning, the layout went all day. The high 4300–4310 area faced pressure and moved downward, probing down to 4261 to realize a 56-point move on the K-type “top wave” segment; then 4265–4275 served as a support band to hold the bottom and lift prices. After a rebound back to 4300, it finally closed with a 39-point “top” wave amplitude.

A drop and a rise—both sides fully captured. The day’s combined momentum left a net accumulation of 95 points within the K-range.

The intense shakeout ahead of the big players’ favorable period was, within the established framework, no surprise. Retail investors surrendered their positions amid chasing rallies and selling into dips; mature trading simply waits for the market to collide with the pre-set target zone. With discipline in place, harvesting is inevitably #xau $XAU