12.15 Evening XAU
The intraday trend of XAU completely aligns with the layout strategy established by Youan in the morning, with the price steadily rising along the expected path, ultimately reaching the target range of 4350, followed by a narrow consolidation phase at high levels. The entire process closely matches the previous projections.
From the hourly Bollinger Bands perspective, a typical parallel oscillation structure is clearly presented, with the upper and lower channel bounds continuously narrowing and maintaining a horizontal operation, becoming the core operational framework of the current market.
When the price approached the upper resistance level in the afternoon, although it did not effectively touch it and instead started to pull back, the extent of the pullback remained controlled above the middle support level, and the process did not accompany a significant increase in trading volume — this is by no means a signal of weakening bullish momentum; rather, it should be interpreted as the bulls actively controlling the market and building strength before a key resistance level, digesting short-term floating positions through slight pullbacks to accumulate momentum for a subsequent breakout above the upper band and open new upward space.
The current consolidation resembles a "power squat" before a new round of upward attacks, and the overall bullish dominance has not changed at all.
Therefore, further bullish positions can be established.
(4326 entry, 4307 add, 4296 stop, target 4355-4370)



