September 22 Intraday Spot Gold Midday Analysis
The market is oscillating with ups and downs; only by holding the rhythm can you respond calmly.
In the morning Asian session, gold rebounded to around 4376 but met resistance and pulled back. The low dipped to 4315, resulting in a $61 retracement. It is currently consolidating around 4320. The long strategy around 4320 shared last night has already brought returns for those who followed the plan.
The 4-hour chart is in a short-term pullback phase, but the momentum to push at 4400 is still building. A breakout could happen at any time—do not chase rallies or sell impulsively. Key supports to watch below are 4310 and 4300.
In the afternoon, continue to pull back and look to go long. Don’t rush to enter; wait for support to stabilize. If price stabilizes in the 4315–4305 zone, you may set up long positions with targets at 4345 and 4365. In a range-bound market, strictly control position sizing and be patient while waiting for the entry window.
The above content is for technical exchange and sharing only and does not constitute any investment advice. Please refer to Cheng Jingsheng Shipan’s arrangement for the specifics! $XAU
#XAUUSD
The market is oscillating with ups and downs; only by holding the rhythm can you respond calmly.
In the morning Asian session, gold rebounded to around 4376 but met resistance and pulled back. The low dipped to 4315, resulting in a $61 retracement. It is currently consolidating around 4320. The long strategy around 4320 shared last night has already brought returns for those who followed the plan.
The 4-hour chart is in a short-term pullback phase, but the momentum to push at 4400 is still building. A breakout could happen at any time—do not chase rallies or sell impulsively. Key supports to watch below are 4310 and 4300.
In the afternoon, continue to pull back and look to go long. Don’t rush to enter; wait for support to stabilize. If price stabilizes in the 4315–4305 zone, you may set up long positions with targets at 4345 and 4365. In a range-bound market, strictly control position sizing and be patient while waiting for the entry window.
The above content is for technical exchange and sharing only and does not constitute any investment advice. Please refer to Cheng Jingsheng Shipan’s arrangement for the specifics! $XAU
#XAUUSD