5.9 Luo Yi's Gold Analysis Today: High-level resistance encounters cooling, short-term correction is underway!

Family members, today’s gold price after an early surge started to cool down, and the overall pattern has quietly shifted.

After testing higher and failing to continue the strength, it was pressured and suppressed at high levels, quickly falling back and forming a clear resistance pattern. The upward momentum of the bulls has already been exhausted.

Market indicators are weakening in sync, signaling a turning point at high levels, and short-term correction sentiment continues to ferment; overall volatility is gradually converging, and under high-level resistance, the bearish momentum has become dominant.

Currently, the price is repeatedly tugging at a key level, which is not a prelude to a counterattack, but just a weak pause after a rise. If it cannot stabilize above the key high within the day, it will further fall back, with a focus on the support zone of 4690-4670.

The trading strategy is simple and clear: follow the trend within the high zone of 4730-4750, targeting 4680-4650, reasonably control position size, follow the rhythm steadily, and avoid blindly chasing operations. $BTC $GT $ETH #Gate广场五月交易分享 #美伊冲突再升级