July 10 Gold Outlook

Hourly and 15-minute dual cycles simultaneously surged and stalled. This rebound peaked around 4139, after which long momentum exhausted. Currently narrow oscillation around 4122. Clearly in a phased high area; all minor surges are bull traps. Upward momentum continues to weaken.

Short-term market rebound highs gradually lower, with 4132-4140 forming a strong resistance zone. Short-term rebound space is locked. This wave of low-level recovery has reached its end. Large-cycle short position takeover continues to increase, and the long-term downward channel is fully opened.

Strategy: Swing hold short positions. Enter shorts in batches in the 4129-4144 range. Short-term targets first look at 4095, 4070.

Swing: directly hold base positions, do not exit easily. Long-term ultimate swing target is the 3700 level. Do not exit easily on small rebounds along the way; capture the entire round of the big downward trend.

If there is no opportunity of surge and pressure, stay on sidelines. Strictly control overall position size. Reduce frequent short-term trading to avoid losing chips. Swing base positions: patiently hold and wait for a deep pullback.$BTC #预测世界杯西班牙VS比利时