#TradFi交易分享挑战 Gold yesterday tested the 4580 level for the second time, 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 bearish real body. From a purely daily chart perspective, short-term bears have a clear advantage. However, combined with the silver market moving in sync and the recent pattern of repeated market shakeouts, this sharp decline is more of a deep shakeout. It is expected that the intraday trend will oscillate 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 price effectively holds above 4540, the bullish space will reopen, potentially returning to 4580 or even pushing above 4600. Short-term support today is at the low of 4494; a rebound and stabilization here would be a good opportunity for a long position. In extreme conditions, if there is a slight short-term dip near the key support levels at 4467 and 4450, traders can also consider entering long positions in batches.

#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