5.1 Evening Gold Strategy



1-hour chart: The upward move shows full-bodied bullish candles with strong buying interest and active upward momentum; the pullback consists of shrinking volume and smaller bearish candles, and during the subsequent consolidation phase, the overall size of bullish and bearish candles remains relatively small, indicating that selling pressure is gradually being absorbed and released. The market has entered a wait-and-see phase with no clear short-term momentum.
Currently, the price has only retraced slightly, remaining near the upper end of this rally, indicating a strong rebound correction. The bullish pattern still dominates.

Trading Suggestions
Consider positioning around 4510-4530, with targets near 4660-4700.
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