9、29思úrn;ning market thoughts analysis strategy
From a one-hour perspective, there is a small upward move. After going through the previous round of deep decline, the gold price has temporarily stopped falling and started a modest rebound at low levels to repair. The one-hour moving averages still maintain a downward alignment. The larger-scale bearish structure has not been reversed; at this stage, it is merely a pause-and-consolidation after the drop.
The nearby short-term resistance is around 4131‑4140. The 10-day moving average pressure is right in front of us. Strong resistance is concentrated around the 4150 area. Support is seen around 4110. The previous low at 4110.87 is the line between bulls and bears; if support breaks, the bears will once again gain momentum and push the price into a new round of downside movement.
On the news front, the bearish “afterglow” from the earlier period continues. Short-term rebound momentum is relatively weak, so it is not recommended to chase longs directly. The market is currently low-level consolidation and rest. Trade with a range mindset: on rebounds, prefer short positions under pressure first; once support stabilizes, consider a light, low-volume long attempt to bet on a rebound.
Suggested trades
Short 4130‑4150, target 4115‑4100$XAU #黄金
From a one-hour perspective, there is a small upward move. After going through the previous round of deep decline, the gold price has temporarily stopped falling and started a modest rebound at low levels to repair. The one-hour moving averages still maintain a downward alignment. The larger-scale bearish structure has not been reversed; at this stage, it is merely a pause-and-consolidation after the drop.
The nearby short-term resistance is around 4131‑4140. The 10-day moving average pressure is right in front of us. Strong resistance is concentrated around the 4150 area. Support is seen around 4110. The previous low at 4110.87 is the line between bulls and bears; if support breaks, the bears will once again gain momentum and push the price into a new round of downside movement.
On the news front, the bearish “afterglow” from the earlier period continues. Short-term rebound momentum is relatively weak, so it is not recommended to chase longs directly. The market is currently low-level consolidation and rest. Trade with a range mindset: on rebounds, prefer short positions under pressure first; once support stabilizes, consider a light, low-volume long attempt to bet on a rebound.
Suggested trades
Short 4130‑4150, target 4115‑4100$XAU #黄金