Analysis of the Xingran Gold intraday 4-hour chart for September 25
In the 4-hour cycle, the price has been moving down continuously from the high point 4399. It tested the low at 4244 and is currently trading at 4273. After the decline, the market is consolidating in a lower range. The larger trend still remains bearish.
Resistance levels: 4295 (strong resistance 4321).
Support levels: 4256 (strong support 4244).
Trading direction: Sell on rebounds
Entry: Sell from the rebound in the 4292–4296 range
Stop loss: Above 4321.97. If price holds above that level, the bearish structure will be broken.
Targets: First target 4256, second target 4244$XAU #比特币24小时跌3.3%失守83000美元 #美联储10月加息概率升至69.7%
In the 4-hour cycle, the price has been moving down continuously from the high point 4399. It tested the low at 4244 and is currently trading at 4273. After the decline, the market is consolidating in a lower range. The larger trend still remains bearish.
Resistance levels: 4295 (strong resistance 4321).
Support levels: 4256 (strong support 4244).
Trading direction: Sell on rebounds
Entry: Sell from the rebound in the 4292–4296 range
Stop loss: Above 4321.97. If price holds above that level, the bearish structure will be broken.
Targets: First target 4256, second target 4244$XAU #比特币24小时跌3.3%失守83000美元 #美联储10月加息概率升至69.7%
