$XAU Jincheng Yu Jin | The Asian market opened with continuous downward candles, and the price directly broke below the previous oscillation range, indicating short-term bears are dominant. The first resistance above is 4620, with 4635 being the intraday short-term dividing line between bulls and bears. The first support below is 4590, and the second strong support is 4580.


Domestic Shanghai Gold and Gold T+D are still closed for the May Day holiday. International gold is overall oscillating and slightly weak today, mainly favoring short positions at high levels and adding long positions at low levels.
Today’s gold:
First rebound to the 4630-4635 range to short; if it rebounds to the 4660-4665 range and shows signs of stagnation, consider adding a second short.
[More real-time strategies depend on intraday layout]
XAU-0.53%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin