#数字货币市场洞察 Looking at the gold trend this morning, it’s quite interesting.
Staring at the 4-hour chart, gold now looks like it's testing back and forth on the edge of a cliff, and you can clearly feel the momentum isn't quite there. The tug of war between bulls and bears has reached a fever pitch, and the key levels are laid out plainly—the ceiling and floor are obvious at a glance.
Technically, the J value is the fastest mover and has already fallen into a low region; the K line is even more aggressive, directly breaking below the D line. What does this signal? The short-term sell-off is pretty intense, and this downward force probably hasn’t been fully released yet.
At this point in time, gold is slowly bleeding at high levels, with the bears temporarily in control. However, the J value has indeed dropped deep enough, so technically there’s a chance of a small-scale technical rebound. But be aware, if the rebound hits the moving average resistance and fails to break through, the downtrend is likely to continue.
Here are two trading approaches:
Aggressive players: Wait for the price to rebound to the 4209-4219 range, consider a light short position, set your stop loss above 4225 to protect your principal, and target the 4192-4180 area first.
Conservative players: Don’t rush to enter. Either wait for the price to firmly stand above 4220 to confirm a bullish reversal, or wait for a clear break below 4190 to confirm the trend before following it for a safer move.
During periods of high market volatility, controlling your position size is more important than predicting the direction.
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#数字货币市场洞察 Looking at the gold trend this morning, it’s quite interesting.
Staring at the 4-hour chart, gold now looks like it's testing back and forth on the edge of a cliff, and you can clearly feel the momentum isn't quite there. The tug of war between bulls and bears has reached a fever pitch, and the key levels are laid out plainly—the ceiling and floor are obvious at a glance.
Technically, the J value is the fastest mover and has already fallen into a low region; the K line is even more aggressive, directly breaking below the D line. What does this signal? The short-term sell-off is pretty intense, and this downward force probably hasn’t been fully released yet.
At this point in time, gold is slowly bleeding at high levels, with the bears temporarily in control. However, the J value has indeed dropped deep enough, so technically there’s a chance of a small-scale technical rebound. But be aware, if the rebound hits the moving average resistance and fails to break through, the downtrend is likely to continue.
Here are two trading approaches:
Aggressive players: Wait for the price to rebound to the 4209-4219 range, consider a light short position, set your stop loss above 4225 to protect your principal, and target the 4192-4180 area first.
Conservative players: Don’t rush to enter. Either wait for the price to firmly stand above 4220 to confirm a bullish reversal, or wait for a clear break below 4190 to confirm the trend before following it for a safer move.
During periods of high market volatility, controlling your position size is more important than predicting the direction.