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雨川趋势论
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雨川趋势论

公众号:雨川趋势论,9年实战经验,币圈金牌分析师!围脖:雨川论金
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Can’t hold down the big space and can’t get the big meat? Nonsense, bro. Join the chat room and let Yuchuan show you how it’s done 👀 My chat room ID: 1080037024
Can’t hold down the big space and can’t get the big meat? Nonsense, bro. Join the chat room and let Yuchuan show you how it’s done 👀
My chat room ID: 1080037024
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This strategy upgrade is set to launch, aiming for a target of 100,000 USD! Leveraging the market volatility opportunities during the election cycle, we have established a mature trading model. We are currently recruiting participants who meet the following criteria:

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Seize the golden window period of the market, join a professional trading team, and embark on a wealth advancement journey together! Limited seats available, first come first served!
Today's Trading Thoughts On the daily chart, a long upper-shadow bullish candle has formed. The Bollinger Bands are in an open-mouth state, and multiple moving averages are tightly clustered together. For now, the market lacks a clear directional bias. Since gold spiked overnight to 4116, the week’s high, and then was rejected and pulled back, the overall intraday outlook remains one of range-bound consolidation. Previously, driven by news-related factors, the price surged quickly and eventually formed a long upper-shadow candlestick. On the surface, the bulls appear strong, but the key resistance failed to break through effectively. In such conditions, it is important to avoid chasing the price blindly. Key intraday support: 4050, 3995 Key resistance above: 4116, 4165 Trading plan: First, prioritize waiting for a pullback to support for a low-buy setup. If the bulls want to complete a trend reversal, the price must hold above 4220. Until a breakout over this level occurs, the market will be treated as range-bound consolidation. (Personal advice only for reference; always rely on real-time execution in the live market)
Today's Trading Thoughts

On the daily chart, a long upper-shadow bullish candle has formed. The Bollinger Bands are in an open-mouth state, and multiple moving averages are tightly clustered together. For now, the market lacks a clear directional bias. Since gold spiked overnight to 4116, the week’s high, and then was rejected and pulled back, the overall intraday outlook remains one of range-bound consolidation.

Previously, driven by news-related factors, the price surged quickly and eventually formed a long upper-shadow candlestick. On the surface, the bulls appear strong, but the key resistance failed to break through effectively. In such conditions, it is important to avoid chasing the price blindly.

Key intraday support: 4050, 3995
Key resistance above: 4116, 4165

Trading plan: First, prioritize waiting for a pullback to support for a low-buy setup. If the bulls want to complete a trend reversal, the price must hold above 4220. Until a breakout over this level occurs, the market will be treated as range-bound consolidation.
(Personal advice only for reference; always rely on real-time execution in the live market)
20 points, effortlessly
20 points, effortlessly
7.28 Morning Trading Thoughts Analysis Gold prices surged to a high at 4116, then met resistance and fell into consolidation, followed by a retreat. The price broke below the Bollinger middle band and continued moving toward the lower band. In the short term, bearish momentum gradually gained an advantage. The market keeps pricing in expectations that the Fed will maintain high interest rates. U.S. economic data remains strong, while the dollar and Treasury yields stay robust, continuing to weigh on gold. In the geopolitical space, there is no fresh major risk-off catalyst; safe-haven buying keeps fading, and the bulls lack upside momentum. Near-term resistance overhead: 4083-4090 (Bollinger middle band zone) Key support below: around 4063 near the Bollinger lower band. If it is broken decisively, the next target will further look to the 4022 low. Trading Plan In the short term, focus mainly on selling rallies. Sell in the 4070-4090 rebound zone, targeting 4050-4030-4000; If price pulls back to 4030-4040 and stabilizes, consider initiating long positions, targeting 4060-4090. Only if price regains and holds above 4090 can the short-term weak setup be reversed. Until then, do not blindly bottom-fish. Any entry must strictly set a stop loss. (Personal suggestion only for reference; everything is subject to live trading.)
7.28 Morning Trading Thoughts Analysis
Gold prices surged to a high at 4116, then met resistance and fell into consolidation, followed by a retreat. The price broke below the Bollinger middle band and continued moving toward the lower band. In the short term, bearish momentum gradually gained an advantage.

The market keeps pricing in expectations that the Fed will maintain high interest rates. U.S. economic data remains strong, while the dollar and Treasury yields stay robust, continuing to weigh on gold. In the geopolitical space, there is no fresh major risk-off catalyst; safe-haven buying keeps fading, and the bulls lack upside momentum.

Near-term resistance overhead: 4083-4090 (Bollinger middle band zone)
Key support below: around 4063 near the Bollinger lower band. If it is broken decisively, the next target will further look to the 4022 low.

Trading Plan
In the short term, focus mainly on selling rallies. Sell in the 4070-4090 rebound zone, targeting 4050-4030-4000;
If price pulls back to 4030-4040 and stabilizes, consider initiating long positions, targeting 4060-4090.

Only if price regains and holds above 4090 can the short-term weak setup be reversed. Until then, do not blindly bottom-fish. Any entry must strictly set a stop loss.
(Personal suggestion only for reference; everything is subject to live trading.)
Little gold, take it down—take it down!
Little gold, take it down—take it down!
July 27 Gold Morning View Earlier, the gold price dipped to test the 4022 low and then stabilized, initiating a corrective rebound. After pushing up to challenge the 4082 resistance, it faced pressure and pulled back. It is currently consolidating around 4053. The hourly cycle structure shows that the support at the lower end remains effective, and in the short term the market has demonstrated a rebound and corrective repair. However, after a round of rally, bullish momentum has continued to weaken. Key Levels Resistance: 4082 Support: 4022 Trading Suggestions Long: Enter in the 4020–4040 range once it stabilizes. Targets: 4070. If it breaks through, further targets look toward 4100 and 4150. Short: Enter in the 4060–4080 range when it meets resistance. Target: 4030. If it breaks through, further targets look toward 4000 and 3950. (These are personal suggestions only—everything is subject to the live chart.)
July 27 Gold Morning View

Earlier, the gold price dipped to test the 4022 low and then stabilized, initiating a corrective rebound. After pushing up to challenge the 4082 resistance, it faced pressure and pulled back. It is currently consolidating around 4053.

The hourly cycle structure shows that the support at the lower end remains effective, and in the short term the market has demonstrated a rebound and corrective repair. However, after a round of rally, bullish momentum has continued to weaken.

Key Levels
Resistance: 4082
Support: 4022

Trading Suggestions
Long: Enter in the 4020–4040 range once it stabilizes. Targets: 4070. If it breaks through, further targets look toward 4100 and 4150.
Short: Enter in the 4060–4080 range when it meets resistance. Target: 4030. If it breaks through, further targets look toward 4000 and 3950.

(These are personal suggestions only—everything is subject to the live chart.)
Weekly Market ReviewJuly 20–24 National Day holiday weekly review summary This week, gold started a rebound from a low level and began repairing the trend. After rallying to a high and touching the 4166-week high point, it then went through a phase of pullback and adjustment. This week’s gold price range had a high of 4166 and a low of 4022. The weekly chart ultimately closed with a long upper-wick consolidation candle, which overall falls under a technical correction/repair行情 after a run-up. This week’s market moved through four complete stages: recovery from the low level, a pause after being overbought at higher levels, pullback and adjustment from the high level, and further consolidation and repair at the low level. The pace of the行情 was mainly driven by the profit-taking of high-level positions, the rotation of market sentiment, and the game between long and short capital within the range. The corrective move after the earlier series of rallies has fully taken shape, and the upward momentum of the larger cycle has temporarily entered a consolidation and sideways-repair phase.

Weekly Market Review

July 20–24 National Day holiday weekly review summary

This week, gold started a rebound from a low level and began repairing the trend. After rallying to a high and touching the 4166-week high point, it then went through a phase of pullback and adjustment. This week’s gold price range had a high of 4166 and a low of 4022. The weekly chart ultimately closed with a long upper-wick consolidation candle, which overall falls under a technical correction/repair行情 after a run-up.

This week’s market moved through four complete stages: recovery from the low level, a pause after being overbought at higher levels, pullback and adjustment from the high level, and further consolidation and repair at the low level. The pace of the行情 was mainly driven by the profit-taking of high-level positions, the rotation of market sentiment, and the game between long and short capital within the range. The corrective move after the earlier series of rallies has fully taken shape, and the upward momentum of the larger cycle has temporarily entered a consolidation and sideways-repair phase.
July 24th Gold Morning Outlook Since the recent high of 4166, gold prices have started a sustained decline. On the hourly chart, the Bollinger Bands are opening downward, and price is moving lower in a range along the lower band. The Bollinger middle band at 4082 has shifted from support to a strong intraday resistance. The RSI remains in a weak range. The short-term bearish trend is clear. However, after the consecutive selloff, the chart shows a technical rebound/repair need. Key Levels Resistance levels: 4082, 4109 Support levels: 4040, 4018 Trading Suggestions Longs: Consider entering in the 4020–4040 range after stabilization. Targets: 4060. A valid breakout would suggest upside toward 4090 and 4180. Shorts: Place shorts in the 4060–4082 range as price meets resistance. Targets: 4020. If it breaks down, look for 4000 and 3920. ⚠️ Personal chart analysis is for reference only and does not constitute investment advice. Live market conditions change rapidly—adjust your trading plan flexibly.
July 24th Gold Morning Outlook

Since the recent high of 4166, gold prices have started a sustained decline. On the hourly chart, the Bollinger Bands are opening downward, and price is moving lower in a range along the lower band. The Bollinger middle band at 4082 has shifted from support to a strong intraday resistance.

The RSI remains in a weak range. The short-term bearish trend is clear. However, after the consecutive selloff, the chart shows a technical rebound/repair need.

Key Levels

Resistance levels: 4082, 4109
Support levels: 4040, 4018

Trading Suggestions

Longs: Consider entering in the 4020–4040 range after stabilization. Targets: 4060. A valid breakout would suggest upside toward 4090 and 4180.
Shorts: Place shorts in the 4060–4082 range as price meets resistance. Targets: 4020. If it breaks down, look for 4000 and 3920.

⚠️ Personal chart analysis is for reference only and does not constitute investment advice. Live market conditions change rapidly—adjust your trading plan flexibly.
7.23 Evening Thoughts During the day, price action overall remains in a choppy downward trend, and we are currently entering a range-bound consolidation phase. Macroeconomic interest-rate expectations continue to weigh on the market, making it difficult in the near term to sustain a continuous one-way rally. Although the 4-hour chart shows a technical rebound repair demand, the daily bearish structure remains unchanged. 65,000 is the core support for the short term. Above it, 66,000 and 66,500 are key resistance zones. As evening brings larger US session liquidity, volatility will increase—be cautious of the market quickly sweeping back and forth. BTC: On rebounds into 66,200–66,800, set up short positions with targets at 65,000 and 64,000. ETH: On rebounds into 1,950–1,980, set up short positions with targets at 1,880 and 1,820. ⚠️ The above is for technical analysis reference only and does not constitute investment advice. US-session conditions can change rapidly—make sure to manage risk and set stop-losses properly.
7.23 Evening Thoughts
During the day, price action overall remains in a choppy downward trend, and we are currently entering a range-bound consolidation phase. Macroeconomic interest-rate expectations continue to weigh on the market, making it difficult in the near term to sustain a continuous one-way rally.

Although the 4-hour chart shows a technical rebound repair demand, the daily bearish structure remains unchanged. 65,000 is the core support for the short term. Above it, 66,000 and 66,500 are key resistance zones. As evening brings larger US session liquidity, volatility will increase—be cautious of the market quickly sweeping back and forth.

BTC: On rebounds into 66,200–66,800, set up short positions with targets at 65,000 and 64,000.
ETH: On rebounds into 1,950–1,980, set up short positions with targets at 1,880 and 1,820.

⚠️ The above is for technical analysis reference only and does not constitute investment advice. US-session conditions can change rapidly—make sure to manage risk and set stop-losses properly.
Find Trading Opportunities: A Systematic Process for Identifying Them 1. Confirm Trendlines By drawing trendlines, verify the current market’s trend direction. This provides a core directional anchor for trade setup, and confirming the trend’s validity and continuation is the fundamental prerequisite for trading decisions. 2. Identify Support and Resistance Precisely spot key support levels and resistance zones. Wait for price to complete a breakout, then further confirm the breakout’s validity through a pullback move. This filters for high-probability entry timing and helps avoid false breakout risks. 3. Capture Fibonacci Turning Points Use Fibonacci retracement tools to locate potential price turning points within a trending market. Make accurate predictions of the key price levels for pullbacks or rebounds, providing quantitative references for entries and take-profit levels. 4. Validate with Candlestick Pattern Signals Actively identify classic bullish candlestick patterns (such as engulfing patterns). Using reversal signals from price structure, further confirm the reliability of the trading opportunity. Complete a multi-dimensional confluence check across trend, position, and pattern. 5. Execute the Trading Loop After confirming all the dimensions above, strictly set your stop-loss and take-profit levels to build a complete risk-control trading loop. Then let the market run naturally and execute the trading plan accordingly.
Find Trading Opportunities: A Systematic Process for Identifying Them

1. Confirm Trendlines

By drawing trendlines, verify the current market’s trend direction. This provides a core directional anchor for trade setup, and confirming the trend’s validity and continuation is the fundamental prerequisite for trading decisions.

2. Identify Support and Resistance

Precisely spot key support levels and resistance zones. Wait for price to complete a breakout, then further confirm the breakout’s validity through a pullback move. This filters for high-probability entry timing and helps avoid false breakout risks.

3. Capture Fibonacci Turning Points

Use Fibonacci retracement tools to locate potential price turning points within a trending market. Make accurate predictions of the key price levels for pullbacks or rebounds, providing quantitative references for entries and take-profit levels.

4. Validate with Candlestick Pattern Signals

Actively identify classic bullish candlestick patterns (such as engulfing patterns). Using reversal signals from price structure, further confirm the reliability of the trading opportunity. Complete a multi-dimensional confluence check across trend, position, and pattern.

5. Execute the Trading Loop

After confirming all the dimensions above, strictly set your stop-loss and take-profit levels to build a complete risk-control trading loop. Then let the market run naturally and execute the trading plan accordingly.
7.23 Midday Thoughts At the open today, it surged to a high of 66,300, then kept weakening. In the morning, there was a small rebound, but it lacked strength to make a new high, followed by another pullback. The low touched 65,500, and the current price is 65,600, consolidating in a low range. In the hourly Bollinger Bands, the middle and lower bands are both sloping downward, indicating that short-term bearish momentum has formed. After continuous rises, the bullish force has been used up. Rebound highs are gradually getting lower, and the market shows clear weakness. For BTC: Short rallies in the 66,200–66,800 zone, aiming for 65,000 and 64,000. For ETH: Short rallies in the 1,950–1,980 zone, aiming for 1,880 and 1,820. Warm reminder: Manage position size reasonably; every trade should include a stop-loss.
7.23 Midday Thoughts
At the open today, it surged to a high of 66,300, then kept weakening. In the morning, there was a small rebound, but it lacked strength to make a new high, followed by another pullback. The low touched 65,500, and the current price is 65,600, consolidating in a low range.

In the hourly Bollinger Bands, the middle and lower bands are both sloping downward, indicating that short-term bearish momentum has formed. After continuous rises, the bullish force has been used up. Rebound highs are gradually getting lower, and the market shows clear weakness.

For BTC: Short rallies in the 66,200–66,800 zone, aiming for 65,000 and 64,000.
For ETH: Short rallies in the 1,950–1,980 zone, aiming for 1,880 and 1,820.

Warm reminder: Manage position size reasonably; every trade should include a stop-loss.
7.23 Gold Midday Review In the morning, gold prices rose sharply to test 4140 but met resistance and pulled back, with a low at 4112. The current price is consolidating around the 4120 range. In the short term, bullish momentum has somewhat weakened; the resistance above 4140 is significant. Overall, the market maintains a choppy, range-bound structure. On the news front, the market is waiting for the release of the U.S. initial jobless claims data later tonight. Before the data is out, price action is likely to keep its oscillating rhythm. If the data turns favorable for the dollar, gold will continue to face downward pressure. For afternoon trading, the preferred approach is to look for short positions on rebounds: Short order plan for the range: 4132-4138 Target: 4120 → 4112, with further downside toward 4100 ⚠️ The above market analysis is for reference only and does not constitute investment advice. Please set stop-losses strictly before trading
7.23 Gold Midday Review
In the morning, gold prices rose sharply to test 4140 but met resistance and pulled back, with a low at 4112. The current price is consolidating around the 4120 range. In the short term, bullish momentum has somewhat weakened; the resistance above 4140 is significant. Overall, the market maintains a choppy, range-bound structure.

On the news front, the market is waiting for the release of the U.S. initial jobless claims data later tonight. Before the data is out, price action is likely to keep its oscillating rhythm. If the data turns favorable for the dollar, gold will continue to face downward pressure.

For afternoon trading, the preferred approach is to look for short positions on rebounds:
Short order plan for the range: 4132-4138
Target: 4120 → 4112, with further downside toward 4100

⚠️ The above market analysis is for reference only and does not constitute investment advice. Please set stop-losses strictly before trading
July 23 Golden Morning View After the gold price surged in the early period to the 4166 phase high, it started a pullback and correction. The current price is 4130, and the market has entered a high-range consolidation and整理 phase. On the hourly cycle, price has been oscillating downward from the high. In the short term, bullish momentum is gradually weakening, and the RSI has fallen back into the neutral range. This correction is mainly profit-taking and a technical rebound after a sustained rise earlier; the larger uptrend has not been broken. Key Levels Resistance: 4145, 4166 Support: 4097, 4076 Trading Suggestions Longs: Look for stabilization to enter in the 4100–4125 range. Targets: 4150. If there is a valid breakout, follow-through could reach 4180 and 4260. Shorts: If price meets resistance in the 4140–4160 range, consider building shorts. Targets: 4120. If it breaks down, watch 4100 and 4050. ⚠️ Personal chart analysis is for reference only and does not constitute investment advice. Respond flexibly to live market conditions.
July 23 Golden Morning View
After the gold price surged in the early period to the 4166 phase high, it started a pullback and correction. The current price is 4130, and the market has entered a high-range consolidation and整理 phase.

On the hourly cycle, price has been oscillating downward from the high. In the short term, bullish momentum is gradually weakening, and the RSI has fallen back into the neutral range. This correction is mainly profit-taking and a technical rebound after a sustained rise earlier; the larger uptrend has not been broken.

Key Levels

Resistance: 4145, 4166
Support: 4097, 4076

Trading Suggestions

Longs: Look for stabilization to enter in the 4100–4125 range. Targets: 4150. If there is a valid breakout, follow-through could reach 4180 and 4260.
Shorts: If price meets resistance in the 4140–4160 range, consider building shorts. Targets: 4120. If it breaks down, watch 4100 and 4050.

⚠️ Personal chart analysis is for reference only and does not constitute investment advice. Respond flexibly to live market conditions.
7.22 Gold Evening Outlook Gold continued to rise intraday, hitting a new phase high as it touched 4141, then shifted into high-level consolidation. Current price: 4116. Overall, the major bullish trend remains intact. The pace of the short-term upmove has slowed, and the market has entered a consolidation-and-repair phase. Key resistance overhead is 4140; major support below is 4090. Trading Suggestions Long positions: Enter on stabilization in the 4090–4110 range. Targets: 4130. If there is a valid breakout and the trend follows upward, look toward 4160 and 4230. Short positions: If price meets resistance in the 4120–4140 range, set up shorts. Targets: 4100. If it breaks down, watch for 4080 and 4020. (Individual order-flow analysis is for reference only and does not constitute investment advice. Adjust flexibly according to live market conditions.)
7.22 Gold Evening Outlook
Gold continued to rise intraday, hitting a new phase high as it touched 4141, then shifted into high-level consolidation. Current price: 4116.

Overall, the major bullish trend remains intact. The pace of the short-term upmove has slowed, and the market has entered a consolidation-and-repair phase. Key resistance overhead is 4140; major support below is 4090.

Trading Suggestions
Long positions: Enter on stabilization in the 4090–4110 range. Targets: 4130. If there is a valid breakout and the trend follows upward, look toward 4160 and 4230.
Short positions: If price meets resistance in the 4120–4140 range, set up shorts. Targets: 4100. If it breaks down, watch for 4080 and 4020.

(Individual order-flow analysis is for reference only and does not constitute investment advice. Adjust flexibly according to live market conditions.)
7.22 Gold Midday Outlook On the four-hour timeframe, the bottom of the 4000–4080 range has been formed. Short-seller momentum is gradually fading, and the 4080 support has been repeatedly consolidated—confirming the bottom structure is now established. On the daily and hourly charts, the gold price has held above the key moving averages. The MACD has been continuously repaired from a low level. At this stage, any pullback is only a temporary adjustment for the bulls to build strength. Gold has already broken through the key resistance at 4100. If it can hold effectively above this level, it may be able to further test the 4200 pressure area. Earlier resistance has flipped into short-term support, and the overall market is running with a bullish bias. However, after consecutive rallies, a pullback is still needed. Avoid chasing at high levels; pairing a dip for going long with trailing/zone-based profit taking is a more稳健 (safer) choice. Trading suggestions: Buy on a pullback near 4100–4110. Targets: 4160–4180. Defensive stop-loss: 4090 (Private analysis only for reference and does not constitute investment advice. Adapt flexibly in live trading, and manage risk well.)
7.22 Gold Midday Outlook
On the four-hour timeframe, the bottom of the 4000–4080 range has been formed. Short-seller momentum is gradually fading, and the 4080 support has been repeatedly consolidated—confirming the bottom structure is now established.

On the daily and hourly charts, the gold price has held above the key moving averages. The MACD has been continuously repaired from a low level. At this stage, any pullback is only a temporary adjustment for the bulls to build strength.

Gold has already broken through the key resistance at 4100. If it can hold effectively above this level, it may be able to further test the 4200 pressure area. Earlier resistance has flipped into short-term support, and the overall market is running with a bullish bias. However, after consecutive rallies, a pullback is still needed. Avoid chasing at high levels; pairing a dip for going long with trailing/zone-based profit taking is a more稳健 (safer) choice.

Trading suggestions:
Buy on a pullback near 4100–4110. Targets: 4160–4180. Defensive stop-loss: 4090

(Private analysis only for reference and does not constitute investment advice. Adapt flexibly in live trading, and manage risk well.)
7.22 Morning Thoughts The four-hour chart is clearly visible. After a strong rally with five consecutive bullish candles, the market has entered a technical pullback and consolidation phase. Current price is moving along the upper Bollinger Band, and the market structure dominated by the bulls has not changed. Overnight, price surged to test the intraday high and then pulled back slightly, but the downside room is very limited. Overall, the upward structure remains intact. There is no need to over-panic about this round of adjustment—it is a buildup action for the main players to clear floating orders before breaking through a key resistance, not a signal of trend reversal. BTC: On pullbacks, look for stabilization in the 65,500–66,000 range to open long positions. Targets: 67,000 and 68,000. ETH: On pullbacks, look for stabilization in the 1,880–1,910 range to open long positions. Targets: 1,950 and 2,000. ⚠️ The above is for technical analysis reference only and does not constitute investment advice. Market volatility is high—manage risk strictly and set stop-losses properly for every trade.
7.22 Morning Thoughts
The four-hour chart is clearly visible. After a strong rally with five consecutive bullish candles, the market has entered a technical pullback and consolidation phase. Current price is moving along the upper Bollinger Band, and the market structure dominated by the bulls has not changed.

Overnight, price surged to test the intraday high and then pulled back slightly, but the downside room is very limited. Overall, the upward structure remains intact. There is no need to over-panic about this round of adjustment—it is a buildup action for the main players to clear floating orders before breaking through a key resistance, not a signal of trend reversal.

BTC: On pullbacks, look for stabilization in the 65,500–66,000 range to open long positions. Targets: 67,000 and 68,000.
ETH: On pullbacks, look for stabilization in the 1,880–1,910 range to open long positions. Targets: 1,950 and 2,000.

⚠️ The above is for technical analysis reference only and does not constitute investment advice. Market volatility is high—manage risk strictly and set stop-losses properly for every trade.
July 22 Gold Morning View Yesterday, gold was boosted by risk-aversion sentiment and moved into a one-way upward trend, rising steadily from the 4000 level and reaching as high as around 4087. The long- and medium-term uptrend remains unchanged, but after a consecutive surge in the short term there is a technical pullback need; therefore, it is not advisable to chase longs at high levels. Be patient and wait for the price to retest the 4060 support zone before planning to go long. As price approaches the key resistance near 4090, do not chase upward. For every entry, make sure to set stop-loss protection. Trading Suggestions Longs: Enter when the 4050–4070 range stabilizes; the target is 4090. If it breaks and continues, look toward 4110 and 4180. Shorts: Sell when price faces resistance in the 4080–4100 range; the target is 4050. If there is a valid breakdown, look down to 4020 and 3950. (Personal analysis is for reference only and does not constitute investment advice; everything depends on live market action)
July 22 Gold Morning View
Yesterday, gold was boosted by risk-aversion sentiment and moved into a one-way upward trend, rising steadily from the 4000 level and reaching as high as around 4087. The long- and medium-term uptrend remains unchanged, but after a consecutive surge in the short term there is a technical pullback need; therefore, it is not advisable to chase longs at high levels. Be patient and wait for the price to retest the 4060 support zone before planning to go long. As price approaches the key resistance near 4090, do not chase upward. For every entry, make sure to set stop-loss protection.

Trading Suggestions
Longs: Enter when the 4050–4070 range stabilizes; the target is 4090. If it breaks and continues, look toward 4110 and 4180.
Shorts: Sell when price faces resistance in the 4080–4100 range; the target is 4050. If there is a valid breakdown, look down to 4020 and 3950.

(Personal analysis is for reference only and does not constitute investment advice; everything depends on live market action)
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