10.2 Gold Midday Review
Current gold price is 4189.05. The early-session predicted resistance zone remains effective. Price is moving up to test the high near 4192, and the market action aligns closely with the thinking and key-level forecasts from the early report.
Technical view: The 1-hour Bollinger Bands are tightening upward. Gold is pressing against the upper band. The 30-minute Bollinger Bands are slightly widening upward, indicating a short-term rebound; however, this is still part of the consolidation/repair after a decline. The broader bearish trend has not changed.
Resistance above: 4192, 4210. Support below: 4170, 4145.
Keke’s suggestion: Don’t chase longs at midday. Continue to look for selling opportunities on rebounds. Sell in the 4195–4215 range on rebounds, targeting 4170 and 4140. Participate with light position sizing and strictly set a stop loss.
Note: The above is only my personal opinion and does not constitute investment advice. #黄金
Current gold price is 4189.05. The early-session predicted resistance zone remains effective. Price is moving up to test the high near 4192, and the market action aligns closely with the thinking and key-level forecasts from the early report.
Technical view: The 1-hour Bollinger Bands are tightening upward. Gold is pressing against the upper band. The 30-minute Bollinger Bands are slightly widening upward, indicating a short-term rebound; however, this is still part of the consolidation/repair after a decline. The broader bearish trend has not changed.
Resistance above: 4192, 4210. Support below: 4170, 4145.
Keke’s suggestion: Don’t chase longs at midday. Continue to look for selling opportunities on rebounds. Sell in the 4195–4215 range on rebounds, targeting 4170 and 4140. Participate with light position sizing and strictly set a stop loss.
Note: The above is only my personal opinion and does not constitute investment advice. #黄金