Gold surged to 4448 but failed to break through and has continued to fall back. In the early hours, it further probed down to the 4345 low. It is currently consolidating at the low around 4354. Hourly and 30-minute timeframe bearish momentum continues to release. The short-term trend remains weak, and the market has entered a pullback phase.
Trading Idea In the morning, treat it as bearish following the trend. On rallies into 4368‑4380, expect resistance and consider entering a short position. Targets: 4332‑4310. If there is a valid breakdown below 4310, then follow through with a continued look lower.
Note: The above is for reference only. Price action can change at any time—manage risk carefully $XAU
Gold rose during the day, peaking at 4443, then met resistance and moved lower. Around midnight, it traded sideways near 4397, with the low probing down to 4385. On the hourly timeframe, upward momentum has weakened. Price action has fallen into a choppy range with back-and-forth moves, and there is currently no clear single-direction breakout.
Key Levels Resistance above: 4415–4430 Support below: 4385–4360
Trading Plan In the evening, continue to treat it as range-bound. If it rebounds into 4415–4430 and faces resistance, consider entering at the <a>??</a> area; targets are 4385–4360.
Note: This is for reference only. The market can change at any time—manage risk carefully $XAU
Daily Summary (9.8) In total, there are 6 dan of chrysanthemums, and 1 dan of bamboo shoots. Harvested 31 essence-space grains, 3502🔪!!
All today’s chrysanthemum trades were short-term, with a focus on fast entry and fast exit. Stay calm and accept the occasional small loss from bamboo shoots, while pursuing steady profits for the overall account!$XAU
Yesterday midnight trading thoughts were successfully realized✅ Previously, it was clearly stated that the broader trend remains bearish; rebounds should be prioritized for selling in higher areas, with the resistance range at 4425‑4445. After the price rose and met resistance during an afternoon brightening, it pulled back and smoothly reached the 4385 target support area. The pace was perfectly aligned with the forecast. $XAU
Morning Review: The Plan Has Been Fulfilled Again ✅ At the start, we pointed out that the overall trend is still skewed downward. Any rebound is only a corrective move, not a reversal—aiming for the high-altitude route at 4425‑4445. After the gold price surged higher and met resistance, it kept falling, with the low dipping to around 4390, perfectly reaching the forecast target range. $XAU
AM session wrap: Silk Road successfully cashed out ✅ Midday guidance: 4440‑4450 faces strong pressure; the rebound is not a reversal—look for a pullback. After gold prices rose and met resistance, they continued to slide; the low dropped to 4398, reaching the anticipated target range. Exited the 45 Nidian space! $XAU
After the gold midday rebound surged to 4443 and then met resistance, it slipped back, and it is currently moving around 4422. The hourly chart shows a rebound at the low level and repairs, while the 30-minute chart hit a high and issued a bearish divergence signal; resistance is becoming apparent. At present, it is a ranging, tug-of-war market.
Trading Ideas A short-term rebound does not fully mean a reversal, so continue to treat it as a ranging market. Sell short when the rebound faces resistance at 4440-4450, targeting 4400-4380.
Note: The above is for reference only. Market conditions can change at any time—manage risk carefully$XAU
Gold overnight saw sideways consolidation at lower levels, repairing from the dip; the current price is around 4412. The broader hourly chart trend remains bearish. The 30-minute timeframe has a modest rebound, which is more like consolidation after a selloff rather than a reversal signal. Yesterday’s U.S. session closed early due to the holiday, so overall volatility was limited.
Trading Outlook: The primary downtrend remains unchanged—prefer selling on rebounds. Look to short at 4425–4445 where resistance is expected, with targets at 4400–4385.
Note: This outlook is for reference only. The market can change at any time—manage risk appropriately $XAU
After probing lower in the evening, gold rebounded slightly; the current price is around 4412. The hourly chart remains generally weak. The 30-minute timeframe shows a rebound and repair—this is a consolidation correction after a decline, not a true reversal. Due to overseas holidays, the market closed early, liquidity is limited, and price movement is relatively calm.
Trading Approach: The larger downtrend bearish structure remains unchanged; on rebounds, prioritize selling rallies. On the rebound into 4425‑4445, consider short entries near the resistance zone (箜丹), with targets at 4385‑4365.
Note: This is for reference only. The market can change at any time—manage risk carefully $XAU
Daily Summary (9.7) Total: 7 Duan of step Chrysanthemum, 1 Duan of bamboo shoots. Harvest: 37, empty space particles,润, 3728🔪!!
In the morning and midday, we watched the vast silk road contract following the market breakdown trend. Even if the direction is correct, there will still be bamboo-shoot selling; when trading with the trend, you still need to pick the best entry points and strictly control the position to stop bamboo-shoot losses. Past closes do not guarantee future results.$XAU