7.21 London gold intraday trading buy/sell levels (current price $4030/oz)

⚠️Risk warning: The following is for technical level reference only and does not constitute investment advice. Precious metals are highly volatile—be sure to strictly use stop-losses.

I. Short-selling pressure zones (mainly look for selling on rebounds from above)

1. First short-term resistance: 4038-4045
Open short, stop-loss 4072, targets 4000→3982

2. Medium-term strong resistance: 4068-4075
Add a second short, stop-loss 4100, targets 4025→3960

3. Pivot between bulls and bears: if price holds above 4080, the bearish thesis is completely invalid; switch to trend-following short-term longs

II. Long-support zones (buy on pullbacks at lows, lightly position to bet on rebound/repair)

1. First short-term support: 4000-4005
Hold steady to enter long, stop-loss 3978, targets 4035→4065

2. Strong support zone: 3978-3985
Deep pullback long at lows, stop-loss 3958, targets 4020→4070

3. Ultimate defense support: 3958. If it breaks down effectively, give up all long ideas and follow the trend to chase shorts

Domestic Shanghai gold (yuan/gram) synchronized levels

Resistance: 879-881, 884-886
Support: 874-875, 869-870

Intraday trading discipline

1. Market read: oversold weak repair; the larger trend remains bearish. Prefer selling from higher levels. Longs are only for short-term, quick in-and-out trades.

2. Break rules: if there is volume and price holds above 4080, abandon shorts; if 3958 is effectively broken, do not bottom-fish.

3. There is US economic data tonight; around the release time, spreads and volatility will increase. Reduce position size and avoid heavy positioning.

4. No holding positions without a stop. Every trade must set a stop-loss; do not blindly chase rallies or kill selloffs.