July 16, 2026 Market Analysis:


XAU: Yesterday formed a converging triangle. Before it breaks out in either direction, a short long was taken near 25, with take-profit at 37. It captured around 10 points. In the evening, the price action dropped directly. Because there has been no stop-the-bleeding formation, and it hadn’t broken 3950, I didn’t dare to keep looking further down either, so the following market didn’t move.
Today’s market is overall choppy and bearish, so you can try going long near the previous low around 3945. Also try shorting near the high from last night’s pre-dawn at 4020.
ETH: Yesterday’s recommended long entry was around 1860. During the afternoon live stream, it was adjusted to around 1870, and after the U.S. session started in the evening, a trade was entered at 1870, taking profit at 1888. It only captured a small portion as well.
Today, it will likely still play out as a range-bound, bearish move—digesting the 200+ point rally from the past few days and pulling back, so the overall uptrend can be healthier. A long entry around 1827 can be tried. If it goes up again, you can try shorting again near 1895. #夏日创作营 $ETH $XAUT
ETH-3.96%
XAUT-1.14%
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