9.24 gold evening wrap-up
The midday report’s rebound high-altitude (top-down) approach was fully realized. The pressure range effectively suppressed the price. After dipping, gold saw a small rebound and corrective repair. The overall rhythm and all predicted levels were hit. Current gold price is around 4268.
Technical analysis: On the 1-hour chart, the Bollinger Bands are opening downward. The price has moved upward from the lower band toward the mid-band, which indicates a small correction after a decline. On the 30-minute chart, the Bollinger Bands are tightening, and a weak rebound has emerged in the short term. The larger timeframe still maintains a bearish bias.
Resistance above: 4284, 4296; Support below: 4250, 4242.
Keke’s suggestion: In the evening, still prioritize selling the rebound. Do not treat a corrective rebound as a reversal. Short in the 4280–4300 range, targeting 4250 and 4240. Participate with light positioning and set a strict stop-loss.
Note: The above reflects only personal opinions and does not constitute investment advice. #黄金
The midday report’s rebound high-altitude (top-down) approach was fully realized. The pressure range effectively suppressed the price. After dipping, gold saw a small rebound and corrective repair. The overall rhythm and all predicted levels were hit. Current gold price is around 4268.
Technical analysis: On the 1-hour chart, the Bollinger Bands are opening downward. The price has moved upward from the lower band toward the mid-band, which indicates a small correction after a decline. On the 30-minute chart, the Bollinger Bands are tightening, and a weak rebound has emerged in the short term. The larger timeframe still maintains a bearish bias.
Resistance above: 4284, 4296; Support below: 4250, 4242.
Keke’s suggestion: In the evening, still prioritize selling the rebound. Do not treat a corrective rebound as a reversal. Short in the 4280–4300 range, targeting 4250 and 4240. Participate with light positioning and set a strict stop-loss.
Note: The above reflects only personal opinions and does not constitute investment advice. #黄金
