Regarding Gold Daily Chart Positioning Analysis

1. Overall Trend and Central Zones

• Uptrend segment: from 3838.05 → peak at 5597.35, a major daily-level upward wave.

• Downward/Correction segment: from 5597.35 retreating, with the lowest touching around 4223, currently in a rebound-then-fall stage after the decline.

• Key Central Zones:

1. Previous upward daily central zone (approximately 4200–4700 range)

2. New central zone formed after the decline rebound (approximately 4500–4750 range)

• Current price (4552.69):

◦ Broke below EMA10 (4618.39) and EMA30 (4698.06), indicating a bearish alignment below moving averages.

◦ Also broke below SuperTrend (4855.26), daily trend has shifted to bearish.

2. MACD Signal

• DIF (-55.66) and DEA (-40.51) are both below zero, MACD value (-15.15) is negative, and the green histogram is still present, indicating:

◦ On the daily level, in a bearish trend, with downward momentum not fully exhausted.

◦ No clear bottom divergence yet (price making new lows, MACD not making new lows), so no buy signal on the daily chart yet.

Bull-Bear Direction and Key Levels

1. Bearish (Trend-following) Logic (Currently More Favorable)

• Trend direction: Daily break below EMA10/EMA30 and SuperTrend, continuing downward trend.

• Key support levels:

◦ First support: around 4500 (near previous lows)

◦ Second support: around 4223 (current decline low)

• Key resistance levels:

◦ First resistance: EMA10 (4618)

◦ Second resistance: EMA30 (4698) / SuperTrend (4855)

Plan 1: Follow the trend to short (Currently Recommended)

Entry Conditions (Chen Theory + Technical Resonance)

• Best entry point: when price rebounds to EMA10 (4618–4650 range), with a daily top formation + 30-minute top divergence, confirming a lack of strength in the rebound before entering.

• Enter short directly at current price (4552): this is a chasing short, higher risk, not recommended; better to wait for a rebound to resistance levels before shorting.

Stop Loss

• Stop loss: above 4700 (around 4720), breaking above EMA30 + SuperTrend indicates trend reversal, invalidating the short.

Take Profit Targets

• First target: around 4500 (support level)

• Second target: around 4223 (previous low)

Plan 2: Long positions (only when conditions are met)

Entry Conditions (must satisfy both):

1. Clear bottom divergence on daily chart (price making new lows, MACD green histogram / lines not making new lows).

2. Formation of a daily bottom pattern (3 candles, middle low, two higher sides, and the third candle’s close above EMA5).

3. Price reclaims EMA10 (4618), and upon pullback without breaking below, forms a second/third buy.

Stop Loss

• Stop loss: below the bottom pattern low by 2–3% (around 4300), if bottom pattern forms in the 4400–4450 range.

Take Profit Targets

• First target: EMA30 (4698)

• Second target: near SuperTrend (4855)

Leverage and Positioning

• Leverage: 2–3 times (bottom fishing on the left side, light position for trial)

• Position size: no more than 20% of total funds per coin, add positions after confirming an uptrend.

It is recommended to use only 1% to 3% of the total capital with 100x leverage.