7.27 Jinku Ke Gold Midday Report: Gold sees both long and short wash trading intraday; a window for short orders emerges



Intraday gold staged a wide-range tug-of-war wash trading move on a 10-minute timeframe. After opening with a dip to 4051, the day’s intraday low, it quickly surged; the bulls pushed steadily higher to hit the 4116 high. Overall, price followed a pattern of topping then pulling back, with the rebound confirmed. $BTC

On the short-term cycle, after price retraced to the BOLL middle band, it gradually stabilized. Short-term moving averages have turned upward, forming a support buffer. The MACD green histogram continues to narrow, and rebound momentum on the short term is being released step by step. $XAU

Place short orders in the 4110-4130 range, targets 4080 and 4060
#黄金
BTC0.74%
XAU0.46%
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