9.22 Friday Man Gold Morning News:
In the early session, spot gold opened slightly higher and then remained in a range-bound consolidation. The current quote is 4355.10, up 11.54 from yesterday’s close, an increase of 0.27%. In the morning, the highest price reached 4376.06, while the lowest dipped to 4344.49. The overall intraday range is limited, showing a narrow consolidation pattern.
In terms of market trend, after gold previously fell to the 4235.24 low, it rebounded to repair the move. In the short cycle, the price is gradually stabilizing and climbing again, but the area around 4402.51 remains a clear resistance cap. In the near term, gold is still in a rebound-and-adjustment cycle after the decline. Shifting to the 4-hour timeframe, the earlier downtrend has not been completely reversed yet. The price is currently in a low-level range-bound “base-building” phase, and neither bulls nor bears have strong continuation momentum for the time being. The MACD shows that bearish momentum is gradually narrowing, but the DIF is still below the DEA, meaning the rebound’s strength still needs further confirmation.
In terms of trade planning, it is suggested to wait for the price to rebound to the 4365–4385 range before considering setting up short positions. The downside target is at around 4340–4330.
#黄金 $BTC $ETH
In the early session, spot gold opened slightly higher and then remained in a range-bound consolidation. The current quote is 4355.10, up 11.54 from yesterday’s close, an increase of 0.27%. In the morning, the highest price reached 4376.06, while the lowest dipped to 4344.49. The overall intraday range is limited, showing a narrow consolidation pattern.
In terms of market trend, after gold previously fell to the 4235.24 low, it rebounded to repair the move. In the short cycle, the price is gradually stabilizing and climbing again, but the area around 4402.51 remains a clear resistance cap. In the near term, gold is still in a rebound-and-adjustment cycle after the decline. Shifting to the 4-hour timeframe, the earlier downtrend has not been completely reversed yet. The price is currently in a low-level range-bound “base-building” phase, and neither bulls nor bears have strong continuation momentum for the time being. The MACD shows that bearish momentum is gradually narrowing, but the DIF is still below the DEA, meaning the rebound’s strength still needs further confirmation.
In terms of trade planning, it is suggested to wait for the price to rebound to the 4365–4385 range before considering setting up short positions. The downside target is at around 4340–4330.
#黄金 $BTC $ETH