September 1 Jinman Gold Evening Review: Gold prices quickly broke down from the period high of 4696.74, with selling pressure released in force, and fell to a low of 4364.33, setting a new period low. After the sharp decline, bearish momentum weakened somewhat, and the market entered a low-level consolidation and repair phase. It is currently at 4384.68. After rising to 4461.48 intraday, prices came under pressure and fell again. Rebound momentum remains weak, with the overall market maintaining a weak consolidation pattern. Fundamentally, Federal Reserve officials have sent hawkish signals, sharply cooling market expectations for a September rate cut. The US Dollar Index remains strong, US Treasury yields continue to rise, and fluctuating inflation expectations have continued to suppress non-yielding gold, serving as the core driver of this round of weakness. Technically, after a large bearish candlestick broke down on the 4-hour chart, prices are currently in a consolidation and digestion cycle following the decline. The overall bearish structure has not undergone a fundamental reversal, and overhead resistance remains evident. Short-term rebounds lack sufficient buying support and are unsustainable, leaving room for further downside after the consolidation and repair phase. Trading reference: Gradually establish short positions as prices rebound into the 4400-4420 range, with downside targets at 4380 and 4360, respectively. #黄金 #Gate闲钱宝自动生息享3%年化 $BTC $ETH

The hardest part of holding a position is often not entering, but enduring the frustrating period of choppy price action midway through. When the market is being pulled back and forth, knowing how to respect your own state of mind—being willing to hold or reduce—is far more important than stubbornly holding on. $ETH #Gate闲钱宝自动生息享3%年化

9.1$BTC $ETH Trade 1: Long near 2430, stop-loss at 2380, targets 2460-2500 Trade 2: Short near 2505, stop-loss at 2555, targets 2480-2450-2420 Trade 3: Bitcoin: Long near 77500, stop-loss at 76500, targets 78300-79000