July 15 Afternoon Report by “Lanjin Madame – Huangyu”

After rising to test resistance, it was pressured, then saw choppy consolidation followed by a pullback; short-term momentum for “chasing higher” is gradually weakening
1. Looking back at the market action: after gold pushed to the 4102 high point earlier, it kept consolidating and then weakened. The current price is 4027. The hourly line price has fallen below the Bollinger midline at 4049. Near-term strong resistance is 4049 and 4087; key support is 4012 and 3983. The post-spike repair and “smoothing” phase has reached a temporary end, and the short-term market is entering a pullback consolidation.
2. From the news side: the prior day’s CPI upside impact has been fully digested. Today there is no major U.S. economic data. The dollar is steadily and slightly recovering, which suppresses the strength of the gold rebound, and longs’ buy orders in the market have clearly cooled.

Strategy:
On rebounds in the 4040–4050 range, scale into short positions, with targets at 4015 and 3990.

Note: This viewpoint is for reference only and does not constitute any investment advice. $XAUT