Gold has experienced a three-day consolidation within the range, and early this morning, the Federal Reserve decision marked a turning point in the market. The meeting immediately triggered a large bearish candle that directly broke through the support level. The 15-minute chart showed a decline of over 100 points, followed by a slight rebound. After dovish comments were confirmed, the price continued to decline, reaching a low near 4220 before starting a short-term rebound correction. Currently, it has re-entered the previous range and is oscillating within it.



At around 4320, the overall market structure has not changed due to the short-term rebound, and the strategy remains focused on trading the rebound in line with the trend.

Short-term resistance is at the 4357-4385 zone. The rebound faces resistance and should be followed by a short position. A break below this zone would open the way for further decline, so a cautious approach with tight risk management is advised. $BTC $ETH #我的Gate交易时刻
BTC-1.57%
ETH-2.04%
View Original
post-image
post-image
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
  • Pinned