Today A-shares opened weak. Although there was a slight intraday rebound, the three major indices still all closed lower, with the ChiNext index falling the most.
Market sentiment was clearly split. Defense and military-related stocks surged against the trend, and many shares hit the daily limit. Beauty and personal care, fiberglass, oil and gas, and consumer electronics also performed well.
On the other hand, the foodgrain sector fell straight down, while coal, lithium mines, brokerage firms, precious metals, and innovative drugs all lagged collectively.
Trading volume shrank today: a total of 1.79 trillion yuan, which is over 200 billion yuan less than yesterday. Only about 1,200 stocks rose across the board, while nearly 3,800 fell. Overall, the money-making effect was rather poor. $XAU $AKE #黄金
9.2 Jin Ke Gold Midday Wrap: 4282 Slams It to a New Phase Low! Gold Oversold Bounce
During the day, gold in the morning continued its weak downward drift. Bears kept pressing, driving the price to a low of 4282 and setting a new phase low. After the bears’ momentum concentrated and was largely released, dip-buying funds gradually moved in to take over. Gold then began a ranging rebound, sequentially reclaiming several key levels, and overall showed a corrective pattern of bottoming and recovery.
The 10-minute timeframe’s bottoming-and-rebound structure has been confirmed: the MACD green histogram kept shrinking, then flipped back to red; the KDJ formed a low-level golden cross and turned upward. Near-term rebound momentum is being gradually released. However, the larger-scale bearish trend has not undergone any fundamental reversal, so the upside room for this rebound is relatively limited.
Place short positions in the 4330–4350 range, with targets at 4300 and 4280. $XAU $HYPE #黄金
In total today, 7 Dan were won, including 2 Dan from Bamboo shoots; secured $30 in profit from the Kōngjiān Lìrùn 3707, totaling 3707 USD! $XAU $AKE #黄金
9.2 Morning Gold Outlook for Jin Ke: Bears Aim for 4300! Rallies Are All Shorting Opportunities
Spot gold yesterday continued to be led by the downtrend driven by bears. Prices stepped down level by level, repeatedly refreshing the intraday lows, with the low probing to 4322. Overall, the bearish trend is clear; bulls have virtually no room to fight back. The market sentiment is heavily skewed toward shorting, and trading activity is overall cautious.
Waller issued a hawkish anti-inflation signal, and market expectations for a September rate cut have cooled completely. The probability of rate hikes has climbed significantly. The U.S. Dollar Index remains strong at high levels, becoming the core force pressuring gold prices.
On the 15-minute timeframe, price action stays in a choppy downward trend. Moving averages are arranged bearishly and firmly suppress the price. The MACD green histogram repeatedly expands, and bearish momentum continues to release. KDJ is in a subdued state at low levels, with no clear rebound signals yet; the overall downtrend remains intact.
On rebounds in the 4350-4370 range, set up short positions. Targets: 4320 and 4300. $XAU $AKE #黄金
9.1 Gold Market Midnight Review by Jintou Guest: 135-point Head-Slicing Kill! Gold Breaks Through 4326 Stage Lows
Gold started from the 4461 stage high with a one-way breakout and selloff. The short side’s firepower intensified, pouring out aggressively, breaking through multiple key support levels one after another. The low was probed to 4326. Overall, this is a weak consolidation/repair phase after a big drop: market sentiment has gradually stabilized from extreme panic, and low-level long/short contention has increased somewhat.
Expectations of a September rate cut by the Fed have cooled significantly, and the US Dollar Index has continued to strengthen—these are the core driving forces behind this round of gold price plunge. After consecutive heavy-volume declines, short-term profit-taking has driven shorts to close out and exit. At the same time, bargain-hunting funds at lower levels have been testing entry. Together, these factors have pushed this oversold rebound/repair move.
On the 15-minute timeframe, a bottoming-and-rebound structure has formed. The moving averages are still arranged bearishly, which exerts pressure on rebound prices. The MACD green histogram continues to shrink in volume—there is some repair momentum in the short term—but the larger timeframe downtrend has not yet been reversed. Overall, the room for upward rebound is limited.
Place short positions on the rebound in the 4380–4400 range, with targets at 4350 and 4320. $XAU $AKE #黄金
9.1 Gold Customer Review (Evening): Head-Splitting Drop! Gold 4460 Plunges and Breaks Through New Lows
In the early session, gold traded in a narrow range around 4460. Suddenly, the short-side forces concentrated their release, and the price broke through, exiting a one-way downtrend. It then successively pierced multiple key support levels, with a low of 4352. Any rebounds are more like opportunities for shorts to enter again.
On the 10-minute timeframe, the breakdown to the downside has been confirmed. In the short term, moving averages are arranged bearishly, continuing to pressure the price. MACD green histogram bars have expanded significantly, indicating sufficient bearish momentum. KDJ has moved into the low oversold area, suggesting a technical rebound may be needed, but the overall downward direction is clear.
Place short positions in the 4370–4390 zone, targeting 4340 and 4300. $XAU $AKE $LAB #黄金
9.1 Gold for Cash Buyers—Gold Midday Review: 4461 topped and then fell back! The tighter the gold range, the more intense the washout
In the early session, gold surged to 4461, the phase high. Then the bears took advantage and pushed lower, dragging the price down to 4424, the intraday low. After that, bargain-buying funds gradually stepped in to take over at the low level. Gold stabilized and rebounded slightly; overall, it is still in a corrective, range-bound phase after a major selloff.
No clear short-term direction; wait for a breakout from the range On the 10-minute timeframe, price remains in range-bound fluctuations. The short-term moving averages are flat with no clear trend signal. MACD momentum between bulls and bears switches frequently, and KDJ oscillates around the mid zone. For now, the short term is best approached with range trading logic.
Look for long positions on the pullback in the 4400–4420 zone, targeting 4440 and 4460. $XAU $AKE #黄金