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August 31 Jinman Gold Morning Review: Gold Prices Break Through Support Levels to Test New Lows; Set Up Short Positions on the Rebound!
Last week, gold prices surged during the evening session, reaching an interim high of 4696.74 before quickly reversing and falling from the highs. Bearish forces erupted, sending prices lower all the way and through multiple key support levels in succession, with the low reaching 4432.66 and setting a new interim low.
The US Dollar Index seized the opportunity to rally strongly, serving as the core driver of this round of gold’s plunge. Combined with long posi
BTC0.20%
ETH0.48%
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August 31 ETH Analysis
At the daily level, consecutive bearish candles with long upper shadows show heavy selling pressure overhead, with bears suppressing every rebound. The current candle has a relatively small body and long upper and lower shadows, forming the beginnings of a doji, indicating intense bullish-bearish contention in the 2450–2470 range. However, the body remains below the Bollinger middle band, so the short-term structure is still a bearish continuation pattern.
The low at 2451 formed lower-shadow support. If a retest holds, it may form a hammer reversal signal; however, the M
ETH0.48%
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DingTalk safex group bot automatically pushes quantitative strategies
Successfully implemented; all strategies have been stably profitable in live trading for over a year
Automation integration available—a powerful lead-generation tool for team leaders
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Over the weekend, Federal Reserve Chair Jerome Powell delivered a speech in Jackson Hole, triggering a sharp sell-off in global markets. The yield on 2-year U.S. Treasuries surged 12.8 basis points to 4.36%; investors interpreted his 25 mentions of inflation in 28 minutes as a signal of an impending rate hike. CME data showed that the market priced in a 57% probability of a rate hike in September.
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$CIFR
It started a liquidity sweep with an H+S in the red zone
CIFR-9.43%
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8/31 Morning Market Outlook Analysis Strategy:
Gold prices previously experienced a sharp pullback, reaching a low of 4432.66, with the current quote at 4461.88. In the short term, prices have staged a minor rebound and recovery.
The one-hour moving averages are bearishly aligned. The 5-period moving average has briefly turned upward, while the 10- and 20-period moving averages continue to press prices lower. The overall major trend remains bearish. The current move is only a rebound correction after the decline, not a reversal into an uptrend.
Short-term resistance above is at 4475‑4482, with
XAUT-0.12%
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This isn’t a rebound; it’s just putting a tube into an account that’s about to flatline. When the screen is full of green candles, resistance above $GRVT is obvious—every surge upward falls just short. This is a classic bull trap.

Now at 0.1747, it has been declining all the way from 0.2933. With the position up +795.51%, the wait wasn’t in vain. Close 80%, protect the cost basis on the remaining 20%, and let the profits run if it continues to sell off.

If you’re not confident about a token, taking a look is clear-headed; buying even one unit is foolish. The prerequisite for compounding i
GRVT2.18%
BNB0.00%
SNDK-1.30%
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Crypto panic index falls back to 68, market still in ‘greed’.
gate liveLIVE
1,930
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CryptoShine:
nice streaming
Starting with 100U, a 100-trade plan, earning 10% each time
Currently at 11% progress
The funds have reached 285U
Last night, I opened a one-lot short position at an entry price of around 2528, with 0.8 ETH.
I originally planned to go all in. If I had gone all in, I would have made more today, but after the lesson from last time, I’ll be more cautious going forward. Drawdowns are truly hard to forget$ETH
ETH0.48%
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SilentGlory:
The bet paid off.
Spot gold
The short-term rebound has reached resistance at the 20MA
At the current price of 4465, open a light short position targeting lower levels; stop-loss at 4480, take-profit target at 4435–4440! #黄金 #伦敦金 $XAUUSD
XAUUSD0.00%
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I originally wanted to cut my losses and offer them to the heavens, but the sacrifice never happened—the meat roasted itself. 🧨
As the price repeatedly fluctuated intraday, I kept my eyes on the chart and stayed put, waiting for a “bottoming out without breaking support” structure. The key level held up, so I first opened a small long position on $BLUAI at 0.011625.
After that, it slowly climbed—no explosive pump, but every step was steady. It has now reached 0.013023, with a return of +236.96%. Feeling good, brothers—the meat tastes great. 😌
In terms of execution, I first took 80% off the t
BLUAI-2.34%
XRP-0.81%
ETH0.50%
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📖 In Venezuela, the exchange rate has always had two sides: the official BCV rate and the parallel rate. The former is shaped by government interventions and calculations; the latter lives on the street, driven by the real supply and demand for bolívars and dollars. That is why, when there is money issuance, political expectations, or seasonal payments, the parallel rate reacts first, while the BCV usually follows behind. That history explains the rate you see today: it is not arbitrary, but rather a reflection of how much liquidity is circulating and how scarce the dollar is within the syste
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I wasn't even expecting to break even, but it ended up putting me straight into profit. This service really delivered. While everyone else was running, I watched the chart for a long time. The resistance above was too obvious, and every rebound was an opportunity for people to unload. So I reversed course and went short, entering at 0.17390. I was still worried about getting trapped, but today it went straight to 0.13811, securing +422.1%. I timed the move right, and staying up late was worth it.
The prerequisite for compounding is staying alive; the shortcut to getting rich is often going to
DOGE-2.07%
ADA-1.84%
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The $UNI 20x leveraged long keeps charging forward—let’s go, let’s go!
UNI11.60%
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I originally wanted to cut my losses as a sacrifice, but the sacrifice never happened—the position roasted itself. The last time I checked before bed a few days ago, $RAVE was still hovering around 0.2259, looking half-dead, but the order book just didn’t look right—the sell orders suddenly thinned out.

I muttered then that someone was absorbing the selling, so there was no need to rush out. When I woke up this morning, 0.2681 gave me the answer directly. Staying up wasn’t for nothing.

+458.42% secured. I took profit on 80% first, and properly set the protective stop on the remaining 20%
RAVE-2.75%
ZEC2.28%
SNDK-1.30%
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$Pons 270m$ mc
$Cashcat 220m$ mc
👀👀👀👀
$Swappy 900k$ mc ( next week 5-10m$ mc soon)
PONS54.94%
CASHCAT3.98%
SOON1.07%
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💎 Best Cap Crypto coin to Buy Now
gate liveLIVE
1,714
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Last night, Bitcoin strongly surged to 79300 after stabilizing at 78000, but subsequently failed to hold there effectively. Instead, it formed a typical stepwise downtrend structure, with the highs gradually declining and the lows continuously moving lower. The rebound to around 78600 is currently showing clear signs of weakness. This pattern of expanding and then contracting volume after a surge, followed by a retreat in consecutive bearish candles, indicates that the 79300 level has formed short-term overhead resistance, with clear signs that the bulls are running out of strength in this are
BTC0.19%
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GateUser-3ebae668:
to the moon bullish mode
WWE wrestlers x financial markets
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I originally wanted to sell at a loss as a sacrifice to the heavens, but the sacrifice never happened—the meat cooked itself. When I checked the chart after lunch, $LINK was grinding along the bottom at 9.414 without breaking down. The longer it dragged on, the more I felt someone was accumulating, so I went long directly. It has now reached 11.46, and I’ve taken 80% off the table. It was truly sluggish at first, but the breakout feels just as good—this round of waiting wasn’t for nothing. The prerequisite for compounding is staying alive; the shortcut to getting rich is often getting wiped o
LINK-0.35%
ZEC2.28%
ETH0.50%
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