9、9/11 Morning Market Outlook and Strategy
Gold continued moving lower before rebounding slightly from the lows, with the current price at 4320.10. On the one-hour timeframe, the moving averages remain bearishly aligned, and the price is still below them. The overall bearish trend has not changed; the current move is merely a slight recovery after the decline, with weak rebound momentum.
The short-term resistance above is 4329‑4344, the pressure zone formed by the short-term moving averages; the first support below is 4313, with key defense at 4295. If the rebound fails to hold above 4344, the decline will continue; only a sustained break above this resistance will bring a deeper rebound. The morning session is expected to be dominated by weak consolidation!
Recommendation
Go long in the 4295‑4315 range, stop loss below 4288, target 4329‑4344 $XAUT #黄金
Gold continued moving lower before rebounding slightly from the lows, with the current price at 4320.10. On the one-hour timeframe, the moving averages remain bearishly aligned, and the price is still below them. The overall bearish trend has not changed; the current move is merely a slight recovery after the decline, with weak rebound momentum.
The short-term resistance above is 4329‑4344, the pressure zone formed by the short-term moving averages; the first support below is 4313, with key defense at 4295. If the rebound fails to hold above 4344, the decline will continue; only a sustained break above this resistance will bring a deeper rebound. The morning session is expected to be dominated by weak consolidation!
Recommendation
Go long in the 4295‑4315 range, stop loss below 4288, target 4329‑4344 $XAUT #黄金
