9.24 Gold Midday Review
The reversal and short-selling approach discussed in the evening was fully verified. The rebound met resistance, encountered pressure and fell back; the market action matched expectations perfectly. The key resistance levels are effective. The current gold price is around 4256.
Technical outlook: The 1-hour Bollinger Bands maintain a downward-opening shape. Gold is trading in the middle-to-lower band area, and the bearish trend remains unchanged. The 30-minute Bollinger Bands further diverge downward again—this indicates that the short-term rebound has ended, and price has returned to weak, downward consolidation.
Resistance: 4268, 4280. Support: 4244, 4230.
Keke’s suggestion: At midnight, continue to follow the trend and short on rebounds—don’t be misled by smaller-scale rebounds. Short within the 4265–4285 range, targeting 4240 and 4230. Participate with a light position size and set a strict stop-loss.
Note: The above is only personal opinion and does not constitute investment advice.#黄金
The reversal and short-selling approach discussed in the evening was fully verified. The rebound met resistance, encountered pressure and fell back; the market action matched expectations perfectly. The key resistance levels are effective. The current gold price is around 4256.
Technical outlook: The 1-hour Bollinger Bands maintain a downward-opening shape. Gold is trading in the middle-to-lower band area, and the bearish trend remains unchanged. The 30-minute Bollinger Bands further diverge downward again—this indicates that the short-term rebound has ended, and price has returned to weak, downward consolidation.
Resistance: 4268, 4280. Support: 4244, 4230.
Keke’s suggestion: At midnight, continue to follow the trend and short on rebounds—don’t be misled by smaller-scale rebounds. Short within the 4265–4285 range, targeting 4240 and 4230. Participate with a light position size and set a strict stop-loss.
Note: The above is only personal opinion and does not constitute investment advice.#黄金
