Precise Strategy Analysis

2 days ago

The daily chart shows the bullish trend remains intact, while the 4-hour chart maintains a range-bound pattern. Currently, the Bollinger Bands are narrowing within the 4170-4230 range, suggesting a potential range-bound trading strategy of buying low and selling high within this area. However, two points need attention: firstly, after Tuesday's rise, the support level may have moved up to around 4200, not necessarily reaching 4180; secondly, a strong break above the upper Bollinger Band at 4230 would open up further upside potential, with a target of 4260 or higher. Therefore, intraday trading should consider placing long orders in the 4190-4180 range, while short positions can be initiated with small positions at the 4230 resistance level. The focus is on the Fed's decision at midnight, with the market widely expecting interest rates to remain unchanged. Attention should be paid to Powell's tone. If his comments are dovish, it could trigger a sharp rise followed by a fall in gold prices; please exercise strict risk management.

Today's gold trading recommendations:

Short positions can be initiated around 4220-4215, with a stop loss at 4230 and a target of 4190.

Long positions can be initiated around 4190-4185, with a stop loss at 4170 and a target of 4210.

yesterday

Trade active

4220, this is a seller's signal. Let's sell gold together for a short-term profit.