5、Afternoon Market Analysis Strategy:


At present, the gold price has returned to within the trendline, and the overall bearish structure has not been broken. On the hourly timeframe, the price is trading between the downward MA89 and MA120 moving averages, with clear resistance overhead and relatively weak support below. Meanwhile, the MACD indicator shows that after a short-term overbought move, momentum has faded; the strength of this rebound is weakening, and the market is highly likely to revert to a weak trend.

Gold Trading Reference
1、Go long in the 4595‑4603 range, add to longs on a pullback around 4540, set stop loss at 4533, and first targets at 4680‑4685; if it breaks out, look for 4705‑4710.

Warm Reminder: Market analysis may be delayed. The strategies above are for reference only. For real-time trading, please follow guidance provided during the live session! #黄金🔥 #黄金 #XAU
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin