10.2 gold evening review
Current gold price 4186.61. The afternoon report’s rebound-and-short-at-height plan was executed. After gold surged to test the 4196 resistance level, it stalled and pulled back. The predicted pressure zone was hit accurately, and the market rhythm matched expectations perfectly.
Technical analysis: The 1-hour Bollinger Bands have narrowed and flattened, and the price is consolidating under pressure, trading below the upper band. The 30-minute Bollinger Bands have narrowed upward; the momentum for the rally weakened as it pushed higher. This rise is only a corrective rebound, and the larger time-frame bearish structure remains unchanged.
Resistance above: 4195, 4212. Support below: 4170, 4145.
Keke’s suggestion: In the evening, continue to rebound and short at higher levels; don’t chase the price higher. Sell short in the 4195–4215 range, target 4170 and 4130. 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
Current gold price 4186.61. The afternoon report’s rebound-and-short-at-height plan was executed. After gold surged to test the 4196 resistance level, it stalled and pulled back. The predicted pressure zone was hit accurately, and the market rhythm matched expectations perfectly.
Technical analysis: The 1-hour Bollinger Bands have narrowed and flattened, and the price is consolidating under pressure, trading below the upper band. The 30-minute Bollinger Bands have narrowed upward; the momentum for the rally weakened as it pushed higher. This rise is only a corrective rebound, and the larger time-frame bearish structure remains unchanged.
Resistance above: 4195, 4212. Support below: 4170, 4145.
Keke’s suggestion: In the evening, continue to rebound and short at higher levels; don’t chase the price higher. Sell short in the 4195–4215 range, target 4170 and 4130. 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