7.17 Golden Evening Trading Plan



The evening market is highly likely to be stimulated by news that overseas officials speak and state positions, and the fluctuations in the price action will probably be further amplified. Below are the key levels to focus on tonight:

Support levels below to watch in order are 3974, 3966, 3954. If the price directly breaks below 3954, then 3939 is the top priority for tonight. 3939 is the core dividing line of the current consolidation structure. Once this support is confirmed lost, the existing consolidation will be broken, the price will continue to fall, and it will seek support in the new range of 3880 and 3750.

On the resistance side, the first short-term resistance is at 4005, followed by 4025. If the evening releases relatively mild commentary and gold price successfully holds above 4025, bullish momentum will be released. For subsequent upside pressure, watch 4043, 4063, and 4073 in sequence.

Disclaimer: Investing involves risk; enter the market with caution.
View Original
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
  • 5
  • Repost
  • Share
Comment
Add a comment
Add a comment
PositionMover
· 10h ago
Thanks for sharing, but the disclaimer makes me feel uneasy—remind everyone not to get carried away. Setting a stop-loss ratio is more important than anything.
View OriginalReply0
CrossChainTraffic
· 10h ago
I looked at your analysis last night and the long position ate a bit of profit. Tonight this range is indeed crucial, but I think if it breaks 3954, you can short with a small position size; set stop-loss at 3970, and target 3880—though you need to wait for confirmation. Also, that 4073 resistance is too far; it’s unlikely to reach it in the short term.
View OriginalReply0
FantomOpera
· 13h ago
The analysis is very well done, but I think tonight it may first push up to 4025 and then pull back, since the news flow is hard to predict. Everyone, watch your risk control.
View OriginalReply0
AirdropArchaeologist
· 13h ago
It’s exactly this kind of news-driven market momentum that gets people excited—either you make a huge profit or you lose big. Haha.
View OriginalReply0
InteractSapper
· 13h ago
Received—3939 is the line between life and death.
View OriginalReply0
  • Pinned