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Mu Yun: Heavy Resistance Overhead, Dense, Gold Intraday Short-Term Trading Guide
On Monday, gold opened lower and quickly rebounded to fill the gap, short-term long positions profitably taken, and faced resistance at the 4730 area before pulling back. The overall trend perfectly matches the forecast.
Clear precise levels, real-time market execution, and visible strength.
There is obvious resistance above the market, with short-term key pressure at 4710-4720, strong resistance at 4730-4740. The Middle East situation remains deadlocked, risk aversion momentum is insufficient, and the overall market is weak. Intraday operations focus on shorting rebounds, with real-time entries based on current market prices.
Short-term trading strategy
Short at 4710-4720 on rebound; if it rises to 4730-4740, add to short positions;
Stop-loss placed above 4750, with short-term targets at 4670-4680;
Once support below is broken, short positions can be held further, expecting continued decline #黄金