9、9/14 Morning Market Analysis and Trading Strategy:
Gold prices opened slightly lower in the morning and moved sideways within a narrow range. The one-hour moving averages show a bearish pressure pattern: the 5-day moving average is 4347.62, the 10-day moving average is 4362.81, and the 20-day moving average is 4349.77. Prices are trading below all the moving averages, with clear resistance on rebounds, and are in a weak consolidation phase following the pullback.
The short-term resistance above is 4348-4350 (20-day moving average + intraday pressure), with stronger resistance at 4362 (10-day moving average). The first support below is 4328, while the key defensive support is the previous low at 4290. Once it breaks below, further downside will open up.
Recommendation
Short the 4355-4375 resistance zone, targeting 4328 first; if it breaks down, continue to target 4290, #黄金 $XAUT .
Gold prices opened slightly lower in the morning and moved sideways within a narrow range. The one-hour moving averages show a bearish pressure pattern: the 5-day moving average is 4347.62, the 10-day moving average is 4362.81, and the 20-day moving average is 4349.77. Prices are trading below all the moving averages, with clear resistance on rebounds, and are in a weak consolidation phase following the pullback.
The short-term resistance above is 4348-4350 (20-day moving average + intraday pressure), with stronger resistance at 4362 (10-day moving average). The first support below is 4328, while the key defensive support is the previous low at 4290. Once it breaks below, further downside will open up.
Recommendation
Short the 4355-4375 resistance zone, targeting 4328 first; if it breaks down, continue to target 4290, #黄金 $XAUT .











