Gold Analysis

5, 4 Morning Market Analysis Strategy:
From the 4-hour chart, last Friday afternoon gold dropped to the cyclical low of 4560 and then rebounded strongly, the low point moved higher, and the support strength below increased.

In the short term, the key support zone below gold is locked at 4590—4600. As long as this holds, the rebound trend remains intact; the first resistance above is near 4680, with core resistance concentrated around 4700—4710. Whether it can break through is critical for the subsequent market.

The current overall market trend leans toward technical correction and recovery; everyone should pay more attention to the dynamics.

📌 Recommended reference:
When the price retraces to the 4590—4600 zone, consider low buying; protective stop at 4578; first target at 4670—4685; if it breaks through and stabilizes, further targets are 4705—4710.