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May 8 Gold Evening Review
Tonight, gold generally fluctuated at high levels ahead of the non-farm payrolls, surged then faced resistance and pulled back, market sentiment was very cautious, and the trend temporarily entered a consolidation phase, waiting for the non-farm data at 8:30 PM to guide the direction.
The US dollar slightly rebounded, temporarily suppressing gold prices, but the overall bullish pattern has not changed, with solid support below and obvious resistance above, maintaining a range-bound consolidation in the short term.
Operational reference: When gold falls back to the 4700-4720 range, consider gradually adding long positions, with upward targets successively at 4750, 4780, and 4800.
Strictly set stop-loss orders. #现货黄金