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2026 05 11 Monday Market Trend Preview
4-hour cycle, opened with a gap today, stabilized around 4670, focus on the 4670 price at the low point today, if not broken, then it will rise, targeting around 4714. If unable to rise, consider shorting, stop loss 15, take profit 30-50, if it breaks below 4670, watch the price around 4640 and 4617 below. Mainly long on dips.
1-hour cycle, entering a high-level sideways consolidation zone, watch if it breaks below 4670, high point around 4725. Mainly short, focus on 4700 and around 4723, if unable to rise, consider short positions. Target 30 USD, stop loss 15 USD.
15-minute cycle, near the lower band of the downward channel, oscillating downward, upper band around 4708. If unable to rise, consider shorting, target 4674 and 4660.
In summary, today’s market is biased bearish, mainly recommend shorting, set stop losses properly, trade with light positions. Watch the position around 4710 for short entries.
For reference only, not investment advice. $XAU #Gate广场五月交易分享