10.13 Gold Market Analysis!!! #XAU
If you’re looking to trade XAU gold, make sure to read this carefully. Here’s my intraday outlook for you👇
The gold chart structure still favors the bulls, with strong consolidation. Yesterday, equities weakened unevenly, and risk-averse sentiment gradually increased, continuing to support gold and Bitcoin. The market repeatedly retested lower levels yesterday, but support was very solid. It bounced back as much as it fell—a classic shakeout-and-build-up move, not a bearish reversal.
The morning trend is very clear: the short-term structure continues to form higher lows, and pullbacks are opportunities to enter long positions. Don’t be misled by minor fluctuations. There are currently no signs of an overall trend reversal; consolidation is simply shaking out weak hands before the next push higher. Many people see a small pullback and panic-sell their longs, falling right into the market makers’ shakeout trap.
Trading suggestion:
$XAU Enter a long position near 4160. Take profit at 4190; stop loss at 4150.
That’s my take on XAU gold and my trading suggestions. I’ll keep looking for other opportunities throughout the day. If you’d like to follow my trades in real time, join my chatroom!!
#比特币期权波动率创五年新低 #比特币重回8.4万美元 #以太坊现货ETF上周净流出5.42亿美元 $BTC $ETH
If you’re looking to trade XAU gold, make sure to read this carefully. Here’s my intraday outlook for you👇
The gold chart structure still favors the bulls, with strong consolidation. Yesterday, equities weakened unevenly, and risk-averse sentiment gradually increased, continuing to support gold and Bitcoin. The market repeatedly retested lower levels yesterday, but support was very solid. It bounced back as much as it fell—a classic shakeout-and-build-up move, not a bearish reversal.
The morning trend is very clear: the short-term structure continues to form higher lows, and pullbacks are opportunities to enter long positions. Don’t be misled by minor fluctuations. There are currently no signs of an overall trend reversal; consolidation is simply shaking out weak hands before the next push higher. Many people see a small pullback and panic-sell their longs, falling right into the market makers’ shakeout trap.
Trading suggestion:
$XAU Enter a long position near 4160. Take profit at 4190; stop loss at 4150.
That’s my take on XAU gold and my trading suggestions. I’ll keep looking for other opportunities throughout the day. If you’d like to follow my trades in real time, join my chatroom!!
#比特币期权波动率创五年新低 #比特币重回8.4万美元 #以太坊现货ETF上周净流出5.42亿美元 $BTC $ETH