Golden Point Levels



The resistance line above the current channel is positioned at 4420-4450. The 4420-4450 area is a visible retracement zone. If it cannot hold here, then all retracements will be rebounds rather than a trend reversal.

The upper resistance levels are 4330, 4350-60, and 4380-4400. These are all suitable for shorting. For intraday short-term long entries, the support and entry points are at 4300-4293 and 427x-80.

Our trading principle is that on Monday, from 6 AM to 10 AM, we do not place any orders because the weekly candlestick’s fluctuations are too large.

Ethereum

For ETH, the key resistance level in the upper channel is around 1800. So even if it rises to 1820-30 and fails to stabilize, it will keep falling.

For ETH, the resistance level is around 1735, 1760-70, 1785-1793, and 1810-20. The resistance levels above are relatively dense, and the points are quite close to each other.
GLDX1.80%
PAXG1.75%
XAU1.73%
XAUUSD2.10%
ETH2.66%
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