5.4 Evening Gold Market Outlook



In the afternoon, gold surged to 4652 then quickly fell back, evening sell-off brought it near 4527, currently at 4565 with weak oscillation. Overall, the bears are in control, with the Federal Reserve's negative outlook and uncertainties from the US-Iran conflict still affecting the market. Today’s main strategy is to sell on rebounds near high levels.

Trading suggestions:

Sell on rebounds between 4600-4640, target 4560, if broken down then look towards 4530→4500#美国寻求战略比特币储备
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