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April 29 Wenjie Gold Algae Review
Yesterday, gold prices faced resistance at high levels and pulled back, with the market's bearish momentum clearly releasing, and the daily chart closing weakly in a volatile manner. This morning, the decline continued with a further pullback, showing a generally weak pattern with oscillating downward movement.
The convergence and oscillation of the market completely broke down, with the rebound losing strength and continuously moving lower. The bullish rebound momentum has been exhausted, and the short-term market is dominated by bears. The key resistance levels are 4625-4640, with strong resistance at 4660; support levels are 4570-4550.