4.29 The current gold market is mainly characterized by short-term fluctuations, and in terms of operation, do not blindly chase rises or sell off drops. Regardless of the bullish or bearish direction, respond with a quick in-and-out short-term approach.



Yesterday, the market experienced a noticeable decline. According to the rules of oscillating market behavior, it is unlikely to continue a one-sided downward trend today. The short-term market is generally weak, but the short-selling approach must wait for a price rebound before considering it; do not follow directly during the decline.

Focus on key ranges within the day: the core support below is concentrated around 4575 to 4560; the important resistance above is at around 4610.

If the rebound fails to break through 4610, continue with a slightly weak outlook; once it effectively breaks above this level, the short-term bearish rhythm will be broken, and the price is likely to further test around 4700, then re-evaluate the trend.

Grasp the oscillation rhythm, patiently wait for the right entry points, do not be impatient or blindly follow ✨#黄金 #黄金🔥 #黄金行情分析及操作策略。 $XAUT
XAUT-0.59%
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