2026-07-23 market analysis:


XAU: It started pumping right from early yesterday morning and never pulled back to the target level, so longs didn’t catch the move. But in the afternoon, starting at 4142 it turned around and showed pullback signs. Then within the 4135 group, members entered a short order. They originally wanted to reach levels like 4085, but then there were signs of another probe higher in the evening, so I took profit early at 4120, only capturing 15 points. During the night live stream, I adjusted the 4145 short level given during the day up to 4165. Most of the entries from the group were around 4163. The first take-profit was 4145 and the second take-profit was 4130—both were taken. Profit was around 30 points. It’s been rising continuously for 3–4 days, so today it will most likely go through a round of pullback. Therefore, I gave short setups at 4145 and 4165, respectively. One is at a top-bottom transition zone, and the other is at a double-top area. If taking longs, you can try around 4085 and 4038.
ETH: Yesterday morning, the group’s short at 1942 had a take-profit at 1915 for a gain of 27 points. I thought the market would keep moving south, but during the night live stream it gradually moved back up. Combined with the market at the time, my judgment was that it would go up to pierce through once more, so I moved the resistance level to 1965. Sure enough, last night the high reached around 1958. Some in the group who placed late-night trades basically entered around 1953, and got 20—roughly 30-plus points. Based on yesterday’s high-level consolidation performance, today the market will most likely go into a pullback. But before that pullback, will it first pierce higher again? So today you can try short positions at 1960 and 1985, respectively. A long can be tried around 1880. #夏日创作营 $ETH $XAUUSD
ETH-0.57%
XAUUSD-0.10%
View Original
post-image
post-image
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned