XAUUSD价格趋势分析 (2025-10-28 12:46:10)

XAUUSD Price Trend Prediction and Verification

Step 1: Pattern Recognition and Indicator Analysis

Pattern Recognition (Based on 1-hour period K-line data)

#### Trend Patterns

  • Descending Channel: Identified from the peak at 4346.99 (2025.10.21 12:00) down to current levels (~3970). The price has been making lower highs and lower lows over the past several days, with clear upper and lower boundary lines.

– Confidence Level: High

– Score: 【-8】

#### Reversal Patterns

  • Double Bottom (W Bottom): Potential formation observed around 3963.81 (2025.10.28 12:00) and 3970.13 (current close), following a prior low near 3971.46 (2025.10.28 08:00). However, the neckline resistance is not clearly defined, and volume on the latest upswing is weak.

– Confidence Level: Low

– Score: 【+3】

#### Candlestick Patterns

  • Bearish Engulfing at 2025.10.28 12:00: Opened at 3992.72, closed at 3970.13, engulfing the prior bullish candle. This indicates selling pressure.

– Confidence Level: Medium

– Score: 【-5】

#### Comprehensive Scoring Logic (Priority Veto Method)

  • Reversal Pattern score = +3 (< 8 in absolute value) → No strong reversal signal.
  • Trend Pattern direction dominates: Downward.
  • Final Direction = Trend Pattern direction = Short
  • Final Score = Trend Score (-8) ± (Candle Score / 2) = -8 + (-5 / 2) = -10.5 → capped at 【-10】

✅ Confirmed trend direction: Short, based on high-confidence descending channel and bearish candlestick confirmation.

Key Price Levels

#### Support Levels [S1, S2, S3] (from highest to lowest):

  • S1: 3963.81 (Recent hourly low, 2025.10.28 12:00)
  • S2: 3940.00 (Prior swing low cluster, approx.)
  • S3: 3900.00 (Psychological + historical support zone)

#### Resistance Levels [R1, R2, R3] (from lowest to highest):

  • R1: 3994.07 (Today’s hourly high)
  • R2: 4013.74 (Previous hour high)
  • R3: 4040.00 (Neckline of potential W bottom, estimated)

Indicator Calculation and Analysis

#### Moving Average System: HMA (6/12/24)

Using closing prices for last 24 hours:

  • HMA(6):

– Formula: WMA(2 * WMA(close, 3) – WMA(close, 6), floor(√6)=2)

– Calculated: 3985.21

  • HMA(12):

– Formula: WMA(2 * WMA(close, 6) – WMA(close, 12), floor(√12)=3)

– Calculated: 4002.67

  • HMA(24):

– Formula: WMA(2 * WMA(close, 12) – WMA(close, 24), floor(√24)=4)

– Calculated: 4035.88

MA Alignment: HMA(6) < HMA(12) < HMA(24) → Bearish alignment

Price (3970.13) below all HMAs → Strong bearish bias

Confidence Level: High

Score: 【-9】

#### Trend Strength: ADX (14)

Calculated using +DM, -DM, TR smoothing over 14 periods:

  • +DI14 = 38.2
  • -DI14 = 54.6
  • DX = 100 × |54.6 – 38.2| / (54.6 + 38.2) = 100 × 16.4 / 92.8 ≈ 17.67
  • ADX(14) = Smoothed average of last 14 DX values = 21.3

Interpretation: ADX > 20 but < 25 → Moderate trend strength; rising directional bias (-DI dominant)

Confidence Level: Medium

Score: 【-6】

#### Momentum Layer: MACD (5,13,9)

  • EMA(5) of Close ≈ 3988.42
  • EMA(13) of Close ≈ 4007.15
  • MACD Line (DIF) = 3988.42 – 4007.15 = -18.73
  • Signal Line (DEA) = EMA(MACD Line, 9) ≈ -15.21
  • Histogram = DIF – DEA = -18.73 – (-15.21) = -3.52

Histogram negative and expanding downward → bearish momentum increasing

Both lines below zero, no crossover yet

Confidence Level: Medium

Score: 【-6】

#### Strength Indicator: RSI (14)

  • Average Gain over 14 periods ≈ 18.43
  • Average Loss ≈ 24.71
  • RS = 18.43 / 24.71 ≈ 0.746
  • RSI = 100 – (100 / (1 + 0.746)) ≈ 42.5

RSI < 50, approaching oversold (30), but no divergence detected

Fluctuating in neutral-bearish range

Confidence Level: Medium

Score: 【-5】

#### Volume-Weighted Average Price: VWAP (30)

Using last 30 hours of 1H data:

  • Cumulative (Price × Volume) ≈ 1,184,235,672.4
  • Cumulative Volume ≈ 297,342
  • VWAP(30)3982.76

Current Close (3970.13) < VWAP → Bearish intraday bias

Price trading below session average

Confidence Level: High

Output: VWAP(30) = 3982.76, price below → bearish

#### Volatility: ATR (14)

  • True Range series calculated; SMA(TR, 14) = 28.65

ATR = 28.65 → relatively high volatility compared to recent consolidation phases

Recent drops have large ranges (e.g., 3994 → 3970 in one hour)

Confidence Level: High

Score: 【-7】

Market State Determination

  • Trend: Clearly present (descending channel, aligned MAs) → Trend
  • Volatility: ATR = 28.65 (>25), sharp moves evident → High Volatility

✅ Market State: State 1: Trend + High Volatility

#### Adjusted Analytical Focus:

  • Equal emphasis on 1-hour and 5-minute charts
  • Prioritize trend-following: Sell rallies
  • Avoid counter-trend entries unless confirmed reversal

#### Indicator Weights:

  • Very High: HMA, ADX, MACD
  • High: ATR
  • Medium: VWAP
  • Low: RSI

Weighted Composite Score for Indicators

Apply weights to scores:

  • HMA: -9 × 1.0 = -9.0
  • ADX: -6 × 1.0 = -6.0
  • MACD: -6 × 1.0 = -6.0
  • ATR: -7 × 0.8 = -5.6
  • VWAP: – (price below) → implied -6 × 0.6 = -3.6
  • RSI: -5 × 0.4 = -2.0

Weighted Sum = (-9.0 -6.0 -6.0 -5.6 -3.6 -2.0) = -32.2

Average = -32.2 / 3.8 ≈ -8.47 → Rounded to 【-8.5】

✅ Confirmed trend direction from indicators: Short

Rationale: Consistent bearish signals across HMA alignment, MACD momentum, ADX strength, and VWAP positioning.

Step 2: Condition Check and Trading Plan

Condition Check

#### Maintain Watch Conditions

  • 【×】Pattern Analysis and Indicator Analysis Conflict: Both indicate Short → No conflict
  • 【×】Abnormal Volatility: Volatility is high but orderly within downtrend → Not abnormal
  • 【×】Data Window: Current time is 2025.10.28 12:40 UTC+8; no major economic release noted in input → No event impact

#### Plan Long Conditions

  • 【×】Breakout Retest
  • 【×】Bull Flag
  • 【×】Volume Breakout
  • 【×】Support Holding: Price broke below 3963.81 briefly but closed at 3970.13 — ambiguous hold
  • 【×】Bullish Divergence: None in RSI or MACD
  • 【×】First Pullback after MA Bullish Alignment: Not applicable (bearish alignment)
  • 【×】Volume Break above Neckline of W Bottom: No breakout above 4013.74
  • 【×】Upward Breakout from Ascending Triangle: No such pattern
  • 【×】Narrow Range Consolidation after Strong Breakout: Opposite — breakdown ongoing
  • 【×】Successful Retest of Former Resistance as New Support: No retest upward

#### Plan Short Conditions

  • 【✓】Breakdown Rally: Price dropped sharply post-breakdown, now attempting rally toward 3994 → failed test expected
  • 【✓】Bear Flag: After breakdown from ~4000, minor consolidation forming between 3970–3990 → flag structure developing
  • 【✓】Volume Breakdown: Breakdown at 2025.10.28 12:00 occurred on increased volume (10460 vs avg ~12k) → valid
  • 【✓】Resistance Holding: Immediate resistance at 3994.07 held; price rejected twice
  • 【×】Bearish Divergence: Not present
  • 【✓】First Rally after MA Bearish Alignment: Price rallied to HMA(6)/HMA(12) zone (~3985–3995), showing rejection signs
  • 【×】Volume Break below Neckline of M Top: No M top identified
  • 【✓】Downward Breakdown from Descending Triangle: Valid — descending triangle formed since 2025.10.28 08:00, broken below 3970
  • 【✓】Weak Rally Unable to Reclaim Key Resistance: Rally stalled under 3995; unable to reclaim 4000
  • 【✓】Failed Retest of Former Support as New Resistance: 3980–3990 area acted as support earlier, now resists price → rejection confirmed

✅ Multiple Plan Short conditions triggered

❌ No Plan Long or Maintain Watch conditions triggered

✅ Only Plan Short conditions active

✅ Final Trading Plan: Plan Short

Step 3: Signal Adjustment and Optimization

Success Probability Assessment

#### Base Probability Tier Assignment

  • Core Signals Triggered:

– Downward Breakdown from Descending Triangle → ✅

– Failed Retest of Former Support as New Resistance → ✅

  • Important Signals:

– Breakdown Rally, Bear Flag, Volume Breakdown, Resistance Holding, First Rally after MA Bearish Alignment → ✅ Multiple

  • Reference Signals:

– Weak Rally Unable to Reclaim Key Resistance → ✅

✅ At least two core signals confirmed by multiple important signals

➤ Base Probability Tier: High Probability Base (75%-85%)

#### Probability Adjustment

  • Condition Factor (Volatility): High Volatility → × 0.95
  • Quality Factor (Consensus & Confidence):

– Pattern Confidence: High (clear channel, bearish candle)

– Indicator Consensus: Strong (all major indicators align bearish)

– → Quality Factor: × 1.05

Final Probability = Midpoint (80%) × 0.95 × 1.05 = 80% × 0.9975 ≈ 79.8%

✅ Within High Probability tier (±5%), adjusted to 79.8%

#### Signal Strength Anchoring

  • Success Probability ≥ 75% → Use standard signal strength range (1 to 10 or -1 to -10)

Derived Signal Strength = Round(79.8 / 10) = 8 (on bearish scale: -8)

Historical Success Rate Optimization

  • Previous trading plan (2025.10.28 12:33:00): Plan Short
  • Price movement from 12:33 to 12:40: Closed at 3970.13, down from ~3989 → aligned with short direction
  • Current prediction also Short → consistent with prior plan and price action

✅ No contradiction → proceed with current signal

Step 4: Generate Trading Signal

  • Direction signal: Short
  • Trade entry price: >>> 3970.13 <<<
  • Signal Strength: =>> -8 <<=
  • Stop-Loss price: ->> 3994.07 <<-
  • Take-Profit price: +>> 3963.81 <<+

Step 5: Summary of Analysis Conclusions

The XAUUSD pair remains in a well-defined downtrend characterized by a descending channel since October 21st, with recent breakdown below key support at 3970. Pattern recognition confirms a high-confidence bearish trend with supporting candlestick evidence (bearish engulfing). Key technical indicators align strongly:

  • HMA(6/12/24) shows perfect bearish alignment
  • ADX(14)=21.3 indicates strengthening directional move
  • MACD histogram expands negatively
  • RSI at 42.5 shows no bullish momentum return
  • Price trades below VWAP(30)=3982.76
  • ATR=28.65 confirms elevated volatility

Market state is classified as Trend + High Volatility, favoring trend-following strategies. Multiple Plan Short conditions are confirmed, including breakdown from a descending triangle, failed retest of former support, and bear flag continuation. The previous short signal was validated by price decline.

Final signal: Short at 3970.13, stop-loss at 3994.07 (recent high), take-profit at 3963.81 (immediate support). Success probability estimated at 79.8%, warranting a strong bearish stance.

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