7.27 Linmu evening big-yellow outlook

After a strong short-term rally, the gold price is currently trading around the 4099 area, building up strength to test the heavy resistance at (4112.67). Although the upward structure was established after the market touched the 4091 low at today’s open, on the 5-minute timeframe the MACD histogram has been moderately expanding in red, and the fast and slow lines are about to form a “golden cross in mid-air” above the zero axis. This is not a top signal; it’s a prelude to the start of the second wave of the main upswing. Most likely today will break through and confirm within the 4097-4112 strong resistance zone. Wait patiently for the pullback entry points—don’t rush to chase, and don’t blindly guess the top.
Key resistance to watch: 4107-4112. Key support below: first 4097 and 4084.
Outlook:
After a pullback to the 4094-4079 range and stabilization, look for low-long opportunities. The first target is 4110. If it breaks through this level smoothly, it indicates strong bullish momentum; afterward, look for 4125 and even 4140.
Conversely, if it unexpectedly falls below 4094, adjust the outlook—after confirmation, look for around 4075. #直通IPO第二期JerseyMikes $XAUT