Gold continues to battle between bulls and bears next week, how to play short-term?

This week's trend: early week surged then pulled back, midweek tested the bottom and rebounded. The rhythm is actually quite clear—those who don’t greed or fear, and follow the trend to position, should have tasted some gains this week. Those chasing highs and selling lows are probably going to regret it again. Remember Brother Liang’s words: It’s better to wait than to chase; the market will always give you a second chance.

Currently, gold prices are around 4600, a very delicate level—looking down, 4550-4500 is a key support for the bears; looking up, 4660-4700 is a critical resistance that the bulls must break through. So next week’s opening, watch how the bulls and bears play their cards.

Brother Liang’s short-term strategy:

1️⃣ If the opening stays above 4580, consider a rebound first, targeting 4650-4680.

2️⃣ If it drops below 4580 or even 4550 directly, then see if 4500-4510 can hold. That’s where you can consider going long, and then watch the 4600 resistance for a rebound.

3️⃣ If it surges past 4650 at the open, don’t hesitate—buy on the pullback, targeting 4680-4700, and look for a breakout to the previous high.

In short, the market is still oscillating to find a direction; key levels must hold to establish a trend. Brother Liang also reminds you daily in real trading to seize the right moment to act, because with current volatility, strategies must follow the market.

Note: The above is only personal market opinion and does not constitute any investment advice. Trading involves risks; decisions should be made independently.