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5.1 Evening Gold Trading Ideas
The US dollar is relatively strong, with Federal Reserve policy expectations competing, combined with profit-taking at high levels, putting pressure on gold prices to retreat.
The overall downward trend is clear, with resistance at 4575-4580, short-term support at 4560, no reversal signals yet, maintaining a weak stance.
Trading suggestions:
On rebounds to 4585-4605, if there is a strong surge to 4615-4635, sell in batches; if it drops directly, follow up with a short near 4575, targeting below 4550. $BTC $XAU $GT #WCTC交易王PK