Latest Gold Trading Strategy for October 1st:

15 hours ago

I. Key Drivers and Market Sentiment

Policy Expectations Dominate the Market: Expectations for Fed rate cuts are currently the strongest driving force. High market anticipation for consecutive rate cuts in October and December has led to a weaker US dollar and declining real interest rates, significantly boosting gold's appeal.

Safe-Haven Demand Provides Support: Persistent political risks and geopolitical conflicts reinforce gold's status as the ultimate safe-haven asset.

Technical Breakout Confirmed: Gold prices broke decisively above the $3800 mark on Monday (September 29th) and closed above it, marking the largest single-day gain since August. This technical breakout confirms a shift in market sentiment towards bullishness.

II. In-Depth Technical Analysis

Long-Term Trend: Strongly Bullish. The daily candle closed as a decisive large bullish candle, confirming the uptrend.

Key Breakout: Successfully broke through the previous resistance zone of $3791 - $3795, which has now converted into a core support area.

Short-Term Signals:

Despite the bullish trend, the market requires a technical correction after the sharp rally. Tuesday's "deep V" shakeout ($3872 → $3793 → $3852) confirms this need.

Core Operating Principle: Against the backdrop of a major bullish direction, view short-term pullbacks as opportunities to enter long positions in line with the trend, not as a reversal.

III. Specific Trading Strategy

Core Approach: Prioritize buying on pullbacks in line with the trend, remain cautious of adjustments at high levels, and secondarily consider light short positions at key resistance.

Key Levels:

Core Support Zone: $3790 - $3800 (The "resistance-turned-support" area formed after the breakout, crucial for bulls)

Near-Term Resistance Zone: $3855 - $3865

Stronger Resistance Zone: $3870 - $3880

1. Primary Strategy: Buying on Pullbacks (Preferred)

Entry Zone: Consider scaling into long positions when gold retraces to the $3800 - $3810 range.

Profit Target: $3855 - $3865

Risk Management: Set stop-loss below $3790 (a break below key support).

2. Secondary Strategy: Selling Rallies (Cautious Approach)

Entry Condition: Only if gold rallies to the $3855 - $3865 resistance zone AND shows clear rejection signals (such as a bearish divergence and crossover on the 1-hour or 4-hour chart), consider initiating light short positions.

Profit Target: $3820 - $3800

Risk Management: Set stop-loss above $3875 (a break above the recent high).

IV. Key Risks and Important Notes

Trend is King: The current market is bullish. The primary strategy should follow the trend. Trading against the trend with short positions is difficult and should be done with light capital and a quick exit mindset.

Breakout Response:

If gold breaks strongly above $3880, it signifies that new upside space has opened. Short strategies should be abandoned immediately, and one might consider following the breakout with long positions.

If gold decisively breaks below $3790 (e.g., daily close below), a deeper correction towards the $3750 - $3730 area is possible. Long positions should be exited decisively.

Strict Execution: It is advisable to trade with light positions, always use stop-losses, and practice sound capital management. Market liquidity may vary during holidays, warranting vigilance against abnormal volatility.

17 minutes ago

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Latest Gold Price Analysis and Trading Strategy

I. Daily Chart Analysis

Trend Pattern: The strong bullish structure remains intact. The price has formed four consecutive bullish candles supported by the 5-day moving average. The Bollinger Bands have expanded upward again, and the moving average system displays a perfect bullish alignment.

Key Support: The 5-day moving average (around 3820) serves as the critical support level. As long as the price holds above this level, the upward trend is expected to continue.

Trading Logic: Maintain a bullish bias and consider any pullbacks that hold above key support as opportunities to enter long positions.

II. 4-Hour Chart Analysis

Technical Correction: Although a sharp bearish candle appeared yesterday, the price quickly recovered with consecutive bullish candles and reached new highs. This confirms that the decline was merely a technical correction rather than a trend reversal.

Key Support Zone: The 3855-3850 area is a crucial support zone during the U.S. session. A rebound from this range can be seen as a signal to enter long positions.

Data Reaction: Even if economic data during the U.S. session causes short-term volatility, any pullbacks should still be viewed as buying opportunities, with the overall bullish outlook unchanged.

III. Trading Recommendations

Entry Zone: 3855-3850 (scale in long positions)

Risk Management: Stop loss at 3846

Target: 3890

Core View: The technical structure of gold remains strongly bullish, with both daily and 4-hour charts confirming the dominance of the upward trend. The strategy favors buying on dips with strict stop-loss measures to capitalize on the continuation of the trend.

(Note: The above analysis is based on the technical framework. Actual trading should be adjusted according to real-time market conditions and news developments.)