Muyao: The trend foundation is solid, calmly positioning based on support in the evening.



The 4-hour ascending structure is intact, Bollinger Bands and moving averages are aligned upward, the gold price pullback is short-term profit-taking, and the overall bullish tone remains unshaken.

4130-4140 combined with moving averages form key support, 4170-4180 is the short-term resistance level.

Temporary USD volatility is suppressing gold prices, but the accommodative macro environment remains unchanged, limiting deep downside potential.

In terms of operations:

Buy on pullback in the 4130-4150 range, short-term target 4170, subsequent target 4190; if 4128 is broken, switch strategy, strictly control positions, and wait for a range breakout.

Tip:

The above analysis is Muyao's personal analysis. The market changes rapidly. This content is for reference only and does not constitute any investment advice!

$XAUT
XAUT-0.22%
View Original
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
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
CraterLiquidity
· 22m ago
The key is to watch 4128, if it breaks below, change strategy, this risk control is very clear, followed.
View OriginalReply0
YieldGoblin
· 1h ago
Muyao's analysis is solid this time, the 4130 support level is being watched, let's see if it can break through 4190 tonight.
View OriginalReply0
  • Pinned