#TradFi交易分享挑战 Gold yesterday's bullish rally tested the 4580 level for the second time, failing to break a new high for the phase, and after the bullish momentum exhausted, a sharp decline followed, with the lowest point reaching 4482. The largest single-day drop was nearly $100, and the market volatility was very intense. The daily chart closed with a bearish candle, and based solely on the daily chart pattern, the short-term bears hold an obvious advantage. However, combined with the silver market moving in sync and the recent pattern of market whipsaws, this sharp decline is more of a deep shakeout. It is expected that the intraday will see a rebound and correction, with the daily chart likely closing higher. The key resistance is concentrated around 4540. If the price rebounds to this level and faces resistance, it can be lightly shorted with strict small stop-losses; if the market effectively stabilizes above 4540, the bullish space will reopen, with a chance to return to 4580 or even challenge higher levels above 4600. The short-term support today is at the low of 4494; if the price pulls back and stabilizes, it presents a low-buying opportunity. In extreme conditions, if there is a slight dip near the key supports at 4467 and 4450, traders can still consider layering long positions.

#TradFi交易分享挑战 Gold tested the 4580 level for the second time yesterday, but failed to break the new high for the phase. After the bullish momentum exhausted, a sharp decline followed, with the lowest point reaching 4482 in the evening, nearly a $100 drop in a single day. The market volatility was very intense, and the daily candlestick closed as a solid bearish line. From a purely daily chart perspective, the short-term bears have a clear advantage. However, combined with the synchronized silver market trend and the recent market pattern of repeated shakeouts, this sharp decline is more of a deep washout move. It is expected that the intraday market will fluctuate and recover, with the daily chart likely closing as a bullish candle. The key resistance is concentrated around 4540. If the price rebounds to this level and faces resistance, a small short position can be considered with strict stop-loss settings. If the market effectively stabilizes above 4540, the bullish space will reopen, potentially returning to 4580 or even challenging higher levels above 4600. The intraday short-term support is at the low point of 4494. A rebound and stabilization here would be a good opportunity for a long position. In extreme market conditions, if there is a slight short-term dip near the key support levels of 4467 and 4450, it is still possible to gradually add to long positions.

Intraday short-term trading strategies:
1. Short at 4540, stop loss at 4550, take profit at 4520-4502-4485
2. Buy on pullback at 4485, stop loss at 4475, take profit at 4500-4515-4530
3. After loss, gradually add long positions at 4450, 4422, 4405, 4385, with default stop-loss, target 4500-4540-4580

The above analysis is for reference only and does not constitute specific trading advice! $XAUUSD