Gold Technical Analysis:
On September 15, last week's gold movement displayed a "one bullish followed by four fluctuations" pattern: only Monday recorded a strong unilateral bullish surge, while Tuesday through Friday entered a high-level consolidation phase, with alternating bullish and bearish candlesticks that moderated the unilateral uptrend, showing some signs of momentum stalling. However, the long-term upward breakthrough trend that created historical highs remains unchanged, requiring only time to await the next breakout opportunity. Currently, two key price levels demand close attention: the primary support zone at 3642-3643, and the critical support level at 3637, which also serves as the dividing line between bullish and bearish sentiment.
If the 3637 level holds without breaking, the market will gradually oscillate upward, with a high probability of breaking through the flag pattern's upper rail (3662-3663 zone). A breakthrough could trigger a unilateral upward move. If 3637 is breached, the market will enter consolidation within the flag channel, with early-week testing of the channel's lower rail likely, creating quality low-level bullish opportunities near the lower boundary. Therefore, for early-week operations, it's recommended to establish long positions above 3637 when stability is confirmed and bottom-fishing pullback candlesticks appear. After 3637 is lost, avoid rushing into bullish positions; wait for adjustment to the channel's lower rail before seeking entry opportunities. Short-term resistance focus: 3662-3663 zone, with a move above this level serving as the core signal confirming the ascending flag pattern's unilateral trend.
Silver Technical Analysis:
Silver currently exhibits oscillating upward characteristics. Focus should be placed on hourly channel lower rail support at approximately 41.9. For early-week operations, if a pullback to 41.9 support stabilizes, maintain a bullish outlook, with upside focus on breakthrough of the 42.45 high. A break above this level could extend the uptrend. If 41.9 is breached, be alert to short-term correction risks.