Xingran Midnight Gold 4-Hour Market Analysis
On the 4-hour timeframe, the price has continued to fall from a high of 4371. After bottoming at 4110, it staged a rebound, but met resistance near 4175. The current price is 4134. The moving averages are in a bearish alignment, and the rebound is capped by them. Upside momentum is limited, and the overall downtrend remains intact.
Resistance above: 4175; strong resistance: 4241. Support below: 4110.
Trading direction: Sell the rebound
Entry: Enter a short position on a rebound into the 4170‑4176 range
Stop-loss: Above 4175; a sustained move above this level invalidates the bearish outlook
Target: First target: 4110$XAU #比特币现货ETF三季度净流入63.4亿美元
On the 4-hour timeframe, the price has continued to fall from a high of 4371. After bottoming at 4110, it staged a rebound, but met resistance near 4175. The current price is 4134. The moving averages are in a bearish alignment, and the rebound is capped by them. Upside momentum is limited, and the overall downtrend remains intact.
Resistance above: 4175; strong resistance: 4241. Support below: 4110.
Trading direction: Sell the rebound
Entry: Enter a short position on a rebound into the 4170‑4176 range
Stop-loss: Above 4175; a sustained move above this level invalidates the bearish outlook
Target: First target: 4110$XAU #比特币现货ETF三季度净流入63.4亿美元
