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7.22 London gold: Gold prices surged to 4,137, and the medium-term uptrend structure remains intact.
The 1-hour RSI is severely overbought, and the risk of chasing a breakout higher in the short term is extremely high. After the spike, there is a need for a pullback to repair the move.
Plan: With 4,138-4,150 under pressure, look for a short test; target 4,100. If it breaks down, look lower to 4,060. Don’t chase longs at higher levels—wait for the pullback to find support before entering trend-following long positions. $XAU #加密银行Augustus融资1.8亿美元