【September 30】 $XAU
On the daily timeframe, it formed a bullish candle, but it can only be counted as a rebound during a decline, not a particularly strong move. The low has left liquidity to be taken. Today’s high broke through the previous high, and then it started moving down. If it can directly wrap back down, then intraday shorting is clearly defined—you’d need to look for signals on a smaller timeframe.
On the 4-hour timeframe, during the rebound within the right-side downtrend structure, we’re mainly watching around the 4200 round-number area, as well as 4220/4254. Once it reaches there, if a 5-minute market-structure breakdown appears, it can be used to continue the larger-trend shorts.
On the 1-hour timeframe, after it bottomed near 4110, it has been forming a continuous upward structure. But for now, we can only treat it as a rebound. If it drops back into 4171, you can first expect around 4148. If it can’t hold, then sequentially 4134/4110. If the pullback to 4171–4174 holds, then it can continue upward toward around 4200.
#黄金 #Gold analysis
On the daily timeframe, it formed a bullish candle, but it can only be counted as a rebound during a decline, not a particularly strong move. The low has left liquidity to be taken. Today’s high broke through the previous high, and then it started moving down. If it can directly wrap back down, then intraday shorting is clearly defined—you’d need to look for signals on a smaller timeframe.
On the 4-hour timeframe, during the rebound within the right-side downtrend structure, we’re mainly watching around the 4200 round-number area, as well as 4220/4254. Once it reaches there, if a 5-minute market-structure breakdown appears, it can be used to continue the larger-trend shorts.
On the 1-hour timeframe, after it bottomed near 4110, it has been forming a continuous upward structure. But for now, we can only treat it as a rebound. If it drops back into 4171, you can first expect around 4148. If it can’t hold, then sequentially 4134/4110. If the pullback to 4171–4174 holds, then it can continue upward toward around 4200.
#黄金 #Gold analysis
