11.2 ETH Silk Road
## Market Structure Analysis
After establishing a base at the phase low of 2244.48 during this period, the asset formed an uptrend with progressively higher lows. The short-term moving averages continued to fan upward, providing trend support. After rising to the swing high of 2297.79, the price entered a corrective move as bulls took profits following the rally.
In terms of indicators, volume bars contracted noticeably compared with the rally phase, and upward momentum entered a period of decline. The current move is a consolidation following the uptrend, with no trend-reversal signal yet; the price has retraced to the short-term moving-average support zone, making the strength of support the key point to watch at this stage. If support holds, bulls may get a chance to test the previous high again; if support breaks decisively, there will be more room for a pullback.
#英特尔财报超预期股价却暴跌
## Trend-Following Long Plan
$ETH
- **Entry range**: Around 2245; wait for a stabilizing support pattern on the candlestick chart (a supportive lower wick or bullish engulfing candle) before entering
- **Take-profit targets**: First target: 2300 (resistance at the previous high); if the price holds above the previous high on increased volume, keep a core position to capture further upside
Second target: 2350
- **Stop-loss**: 2215. This is a short-term structural support level for the current rally. A decisive break below it would invalidate the short-term bullish structure; exit to avoid the risk of a correction

Today, gold traded narrowly within the 3880-3920 range throughout the day. At the market open this morning, I said to look for a rebound; when gold rebounded to around 3920 at noon, I said not to rush to conclude that gold had reversed to the upside.
Indeed, on the 4-hour chart, gold still needs a rebound correction. In my view, the correction's upper limit is around 3980, but it won't happen too quickly.
First, the U.S. midterm elections are tomorrow, so most people will take a wait-and-see approach. Second, U.S. stocks suffered a major AI-related blowup last Friday, and funds flowed heavily out of highly liquid gold. Additionally, expectations of a Fed rate hike in December are weighing on prices, and the market's clearly bearish stance is putting pressure on gold.
In the short term, my view is that gold will continue to trade within the 3880-3920 range tonight, with a bias toward recovering and testing higher. However, I don't recommend chasing longs after a breakout. Instead, wait for the market to stabilize and identify the next short-term resistance level, then continue range trading!#黄金 #伦敦金 $XAUUSD ‌

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