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3.6 Auntie Market Analysis
Short-term panic selling has ended with increased volume, and there are clear signs of resistance above. After a previous surge to around 2200, the price has been steadily declining, with the lowest point reaching around 2053 in the early morning. It then experienced a slight rebound, but the rebound strength has gradually weakened, and the bears are once again dominating the market.
On the eight-hour chart, the price has been continuously declining and is currently supported by the middle band of the Bollinger Bands. All indicators have turned weak across the board; combined with the larger cycle structure, the overall bearish trend remains unchanged, and the main direction in the future is still downward.
Intraday Trading Recommendations
Consider gradually shorting around 2100 and 2120, with targets around 2010–1990. #黄金白银走高 #美伊局势影响