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7.28 midnight gold market review: a small rebound and short-term repair, but the bigger trend still remains dominated by the “Kun” approach
Looking back at 7.29 overall market action: Jingchuan was steadfast in viewing “Kun” from the morning gold brief to the evening brief. After the market opened today at 4081.85, it weakened all the way; during the session, it dipped to a low of 4011.62, and the target level was also fully reached.
From the news side: U.S. stocks rose across the board in the evening, with market risk appetite heating up. Safe-haven buying for gold continued to cool, and comb
XAUUSD-1.00%
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RarityDetective:
反弹就是空,顺势而为。
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Branch Cang No. 7: 4032-4024, 8 points, 585🔪 $XAUUSD
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MeanReversionHunter:
I can’t make sense of the silver price trend, but this XAUUSD level is definitely interesting. I’ll wait and see first.
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FanCang 4-game winning streak: 4048-4036 Kou 12:00 967🔪 $XAUUSD
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MultiAssetAllocator:
4048 to 4036, 12 points, $967—this position isn’t small. Looks like they went in heavily. Respect, respect.
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7.28 Gold Evening Review: Kòngtou keeps increasing volume and moving lower; in the evening, the rebound is still expected to be watched for Kòngtou
Market Review: Jingchuan’s early and mid-day outlook was bearish for the entire day, and it kept heading south. The whole day showed a one-way downtrend. The core reason is “eating meat.” The single-day decline exceeded $52. The bearish trend completely dominated the market, and the bulls did not carry out any decent counter-attack throughout.
Let’s look at the technicals: On the 1-hour chart, the downtrend is clear at a glance. Price tracks along
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DegenChef:
Teacher Jingchuan’s call on this short setup was spot on. Following the flow and staying on pace is definitely stable—but if it rebounds back to around 4040 and it doesn’t reach that level, then it already drops—what do you do? Can you just chase it directly?
Evening public hint: fly to the first target position from a high-altitude route $XAUUSD
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$XAUUSD 7.27 Gold Evening Review: The gold made a modest pull-up in the evening but met resistance; toward the end of the gold rebound, set up high-level sell (short) orders
News: The US employment data remains resilient, and no major data is scheduled to be released in the evening. Today, A-shares surged across the board; market risk appetite has warmed up. Funds have rotated away from risk and into hedging-avoidance buying, but gold lacks fundamental support to sustain a strong trend, so the rebound’s continuity is poor.
Technical: On the 1-hour timeframe, the gold price is trading below the
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GateUser-fd18eb52:
Best project for the World Cup swiard final—join process is being done today, right?
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$XAUUSD Intra-day: Cang2 won two in a row, 4092-4103, got more—11点, 952🔪
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Jingchuan 7.27 Gold Midday Report: The rebound is under pressure and lags gains; continue to look for shorts from higher levels
Market Recap: In the morning, gold surged to around the 4,096 area, but the upside momentum faded. During the midday session, it stayed in a narrow range around 4,090, with the current price at 4,090.55. The high-short idea given in the morning report has already played out a 20-point pullback. Overall, the rebound repair phase is nearing its end: buying pressure from the bulls is gradually exiting, while sell-side suppression above is strengthening.
News: US employme
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DiamondHands:
Morning short positions were steadily harvested, and the rebound is indeed weak. Keep holding and watch for 4073.
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