7.22 Gold Midnight Wrap: Evening review’s consolidation-and-accumulate plan was fully realized; gold price once again surged to refresh its high

All the evening forecasts were correct: a high-level range consolidation and accumulation, and the continuation of the bulls. After the market corrected, it gained momentum again, rallying to set a new stage high at 4163. The bullish advance pace perfectly matched the outlook.

Technicals: On the 30-minute chart, the Bollinger upper band is 4155.03 and the middle band is 4126.49; on the 1-hour chart, the Bollinger upper band is 4163.08 and the middle band is 4116.97. The Bollinger channel continues to open upward. Gold holds above the Bollinger upper band, RSI has rebounded into a relatively strong range, and bullish momentum is released again.

Trading range: 4126–4163. Overhead resistance: 4163 and 4170. Support: 4126 and 4116.

Keke’s suggestion: At midnight, still follow the trend and focus on going long on dips. Go long around 4125–4145, with targets at 4165 and 4175. In the overbought high zone, consider a small-position short-term counter trade for a modest pullback; absolutely no chasing. Set stop losses strictly.

Disclaimer: The above is only my personal opinion and does not constitute investment advice. #黄金