Big Capital Manipulation! The Gold Accumulation Phase is coming to an end, steady at 4600 aiming for 4700!

The Strait of Hormuz has been semi-closed for a month, yet crude oil prices have surged without a sharp spike, clearly indicating suppression by big capital. Retail investors need to recognize this manipulation essence, and the logic behind crude oil's movement also reflects the pattern of gold;
The previous decline in gold has already ended. Its trend follows a three-stage pattern: accumulation, operation, and conclusion. During the accumulation phase, there is shakeout and washout; during the operation phase, it entices both bulls and bears; in the final stage, the trend accelerates. Since the accelerated decline on March 20, the intraday pullbacks in gold have been technical dips with no substantial decline. Although it appears weak, it is actually shifting from weakness to strength, currently in the pre-accumulation stage. Recent multiple dips and rebounds in early trading confirm this;
The current gold accumulation cycle is relatively long, with the main constraint being the strength of the US dollar. Only when the dollar weakens can it help push gold higher. Gold has briefly touched 4620, and the probability of holding above 4600 is quite high. It is advisable to pull back and buy on dips. Once it stabilizes, it may challenge 4653 and 4700. Although there may be some fluctuations, the overall trend remains positive;
Personal trading suggestion: Within the day, consider buying long positions in batches around the low range of 4545—4485. Targets are 4653, 4750, and long-term at 4830! $XAUUSD