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April 29 Gold Market Analysis
Gold surged to touch the 4610 level, but was immediately pressed down by resistance, showing weakness after the rally and beginning to slightly retreat. Currently, it is hovering around 4580, idling in place.
The market is following our predictions perfectly, with no deviation. The precise timing for the high-level layout at 4600-4610 was given in advance. The market obediently moved back in a correction, and profits were steadily secured, with the rhythm firmly controlled.
Next, focus on the support zone between 4550-4560. As long as this line holds and is not broken, gold still has the confidence to rebound and push higher.
The trading strategy moving forward is very simple:
A rebound is an opportunity to short, mainly going short on rallies. Don’t chase the highs or mess around blindly. Keep the rhythm steady and profit steadily—just take it easy. $BTC $GT $ETH