✅ From the 4-hour timeframe, the key short-term resistance to watch is in the 3365-3373 area. If the price rebounds to this zone during the day, short positions can be placed in line with the prevailing trend, targeting a pullback. The short-term bearish threshold is located at the 3380-3385 level. Unless the daily chart breaks and holds above this area, any rebound should be viewed as a selling opportunity, maintaining the overall bias of trading with the trend.
✅ From the 1-hour timeframe, the price is still moving within an ascending channel, with lower support around 3330 and upper resistance near 3409. The price has recently found support near the lower channel boundary, showing a need for a technical rebound. It has bounced back from below the MA20, but MA5 and MA10 are still applying downward pressure, indicating that the medium-term trend has not yet fully reversed.
🔴 Resistance Levels: 3349-3357 / 3365-3375
🟢 Support Levels: 3330-3335 / 3320-3310
✅ Trading Strategy Reference:
🔻 Short Position Strategy:
🔰Consider entering short positions in batches if gold rebounds to the 3365-3375 area. Target: 3340-3345；If support breaks, the move may extend to 3330.
🔺 Long Position Strategy:
🔰Consider entering long positions in batches if gold pulls back to the 3335-3340 area. Target: 3365-3373；If resistance breaks, the move may extend to 3385.
🔥Trading Reminder: Trading strategies are time-sensitive, and market conditions can change rapidly. Please adjust your trading plan based on real-time market conditions. If you have any questions or need one-on-one guidance, feel free to contact me🤝
