7.27 Linmu Midday Yellow Plan

After a short-term strong breakout, the gold price is currently trading around 4,091 and is building up momentum. It is testing resistance at RM2 (4,097.51). Although the uptrend has been established since hitting the 4,082 high last Friday, the MACD green bars on the 5-minute timeframe are shortening, and the fast and slow lines are about to form an “air golden cross” above the zero line. This is not a top signal, but a precursor to the start of the second leg of the main upswing. Today, it is likely to break through and confirm within the heavy resistance zone of 4,097–4,112. Be patient and wait for a pullback entry point; don’t rush to chase, and don’t blindly guess the top.

For resistance, the key zone to watch is 4,097–4,112. For support, first look at 4,083 and 4,067.

Plan:
If there is a pullback to the 4,088–4,090 area and it stabilizes, look for low-price long opportunities. The first target is 4,097. If it breaks through smoothly, it indicates strong upside momentum; afterward, it could move up to 4,112 and even around 4,130.
Conversely, if it unexpectedly falls below 4,083, adjust the outlook; after confirmation, look for a move down toward around 4,067. #直通IPO第二期JerseyMikes $XAUT