5.7 Evening Gold Continues Northward!

Gold prices surged strongly during the day, like bulls gathering strength after a long buildup, steadily climbing.
Short-term sentiment is relatively strong but showing signs of fatigue, with a need for consolidation and correction at high levels.

Key levels for the evening:
Resistance: 4730—4750, easy to encounter selling pressure and pull back, difficult to break through decisively in one go
Support: 4680—4660, a pullback to this zone is the bulls' defensive bottom line
Tianqi strategy: Partial short positions on pullbacks to 4720-4730, defend at 4700

Although the bullish trend is dominant in the evening, ahead of key data releases, there is reluctance to push higher blindly.
Most likely, prices will consolidate sideways at high levels to digest gains, then test the upper resistance after stabilizing at support.
As long as support holds, the trend remains bullish; if support is broken, it will shift into a short-term correction. #黄金#

Warm reminder: For market reference only, not investment advice.