5.11 Luo Yi Morning Gold Analysis

Consolidating at high levels, preparing for a new rally
The market rhythm is clear and controllable, stabilization signals are gradually emerging, and this morning continues to follow the trend to seize upward opportunities.

The current market trend is steady, with gold prices holding above 4690 and fluctuating narrowly. Slight fluctuations at high levels are part of the energy accumulation during the trend advancement, and the overall upward rhythm has not been broken. Support below is stable, short-term pullback space is limited, and the probability of continuing to surge after consolidation is higher.

This morning, the approach of following at low levels remains consistent, relying on effective support zones to seize opportunities.
Follow-up range: 4678–4688
Defense level: below 4670
Expected target: 4720, further aiming for 4750

As long as the market holds above the key support level of 4665, the overall upward trend will not be broken. Short-term oscillations are just a process of energy accumulation. Be patient and position at low levels, waiting for the market to rise. $BTC $GT $ETH #Gate广场五月交易分享 #BTC重返8万 #日本国债上链24小时交易