5. Next Monday Gold Price Forecast and Analysis Strategy:



The gold price throughout the day fluctuated narrowly between 4700-4730, repeatedly testing support and resistance levels, with both bulls and bears evenly matched and stuck in a stalemate. The upward momentum has clearly slowed, and a consolidation pattern at high levels is very evident.

Although non-farm payroll data temporarily pushed the gold price higher, it ultimately retreated and converged within the range; the daily chart has been sideways at high levels for two consecutive days. After a strong rally, it entered a phase of consolidation and digestion, with the overall bullish trend remaining intact.

The key resistance above is around 4750, while the core strong support is near 4680. The market is waiting for a breakout in the subsequent direction. Currently, the daily bullish trend has not been broken, and in the short term, the focus is on range consolidation and profit-taking. Until a clear breakout occurs, the operation should continue to follow the range-bound strategy.

Next Monday's gold trading suggestion:
If there is a rebound first near 4745-4748, consider shorting, targeting 4710-4700, with a stop loss at 4760. #黄金🔥 #黄金 #黄金行情 #XAU
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