#Bole 5.4 Morning Analysis

1. Core Trend

Overall: Volatile with a slight weakness, rebound faces resistance, avoid chasing high positions, only support at low levels for defense.
Main logic: US dollar strengthening + Federal Reserve delaying rate cuts to suppress; central bank gold purchases + physical demand support, limited sharp declines, no strong upward momentum.

2. Key Levels (London Gold Spot)

Resistance Levels

1. Short-term first resistance: 4630–4650

2. Critical resistance threshold: 4660

3. Very strong resistance: 4700

Support Levels

1. Short-term first support: 4580

2. Strong support defense: 4550

3. Extreme low support: 4480–4500

3. Intraday Trading Execution Strategy

Short-selling idea (main approach)

1. Entry zone: 4630–4650, scale into short positions

2. Stop-loss setting: Above 4665, stop loss

3. Target scaling:
First target: 4580
Second target: 4550
Break extension: near 4500

Long idea (only buy low, no chasing longs)

1. Testing long zone: 4480–4500, light position try long

2. Stop-loss setting: Below 4450, stop loss

3. Rebound targets: 4550 → 4600 → 4630

Observation rules

1. Do not operate when stuck in the 4580–4630 range, wait for a breakout before following up

2. Do not force trades if not at ideal entry points

4. Market Signal Judgment

1. If Asia session holds above 4580: slight correction, no chasing rallies

2. If US session breaks below 4580: follow the trend to 4550, if broken then look at 4500

3. If rebound reaches 4650 without breaking: directly face resistance and fall back, providing shorting opportunities

5. Risk Control Reminder

1. Sudden escalation in Middle East situation, possible breakout to strong levels, strictly set stop-loss

2. US data in the evening may trigger stop-loss, avoid heavy positions and holding through

3. Execute only within the range, do not subjectively guess rise or fall, do not add positions against the trend