5.8 Gold Market Analysis and Poem Yuan's View



From the 4-hour chart, after gold surged to 4765.99, there was a slight pullback, but the overall trend remains bullish:
The MACD's DIF line is still above the DEA line, and no death cross has formed. The bullish momentum is just slowing down, with no reversal signals. The price is currently holding above the 4700 support level and has not broken below the key zone, so the current core strategy is to follow the trend with a bullish bias. The pullback is more of a technical retracement during an upward move rather than a trend reversal.

Gold suggestion: When a stabilization signal appears during the pullback in the 4700-4710 range, enter long positions lightly, with a stop loss below 4680. First look for a rebound in the 4750-4760 range; if broken, it can target the previous high area.
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#比特币跌破8万美元
#稳定币储备下降
#ArthurHayes看好山寨币
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