This Week in Review: Golden Silk Road —
This week, spot gold largely traded in a wide-range consolidation, with the key driver of price action being the Federal Reserve’s interest rate decision. After the decision was released during the week, gold prices dropped sharply, probing down to the 4235.24 phase low. Then, as rate-cut expectations warmed up, the U.S. dollar weakened, and geopolitical risk-off sentiment intensified, gold began a V-shaped rebound, reaching a peak around 4399.60. By the weekend, concentrated profit-taking caused prices to pull back. Throughout the week, total volatility exceeded 160 points. In the short-term cycle, long and short positions flipped frequently, and price action quickly rotated around key support and resistance levels.
In terms of trading, on September 15 we placed two short orders, capturing 37 points and 35 points of downward room, respectively. On the midnight of September 17 and during the midday of September 18, additional short setups further added to the results—each securing gains of more than 30 points and 26 points, respectively.
This week’s wide-range consolidation in gold saw fast alternation between long and short. We anchored to key levels and entered with precision; multiple trades were executed smoothly and profits were successfully realized. The way of trading is to advance step by step. Next week, we will continue to strictly maintain our trading rhythm and seize opportunities with high certainty.
#黄金 $BTC $ETH
This week, spot gold largely traded in a wide-range consolidation, with the key driver of price action being the Federal Reserve’s interest rate decision. After the decision was released during the week, gold prices dropped sharply, probing down to the 4235.24 phase low. Then, as rate-cut expectations warmed up, the U.S. dollar weakened, and geopolitical risk-off sentiment intensified, gold began a V-shaped rebound, reaching a peak around 4399.60. By the weekend, concentrated profit-taking caused prices to pull back. Throughout the week, total volatility exceeded 160 points. In the short-term cycle, long and short positions flipped frequently, and price action quickly rotated around key support and resistance levels.
In terms of trading, on September 15 we placed two short orders, capturing 37 points and 35 points of downward room, respectively. On the midnight of September 17 and during the midday of September 18, additional short setups further added to the results—each securing gains of more than 30 points and 26 points, respectively.
This week’s wide-range consolidation in gold saw fast alternation between long and short. We anchored to key levels and entered with precision; multiple trades were executed smoothly and profits were successfully realized. The way of trading is to advance step by step. Next week, we will continue to strictly maintain our trading rhythm and seize opportunities with high certainty.
#黄金 $BTC $ETH
