5.11 Luo Yi Evening Gold Analysis | Bullish Bias, Dip Buying Dominates



Tonight, gold is supported by safe-haven sentiment, maintaining a high-level oscillation with a bullish trend overall. The short-term pullback is relatively weak, with insufficient bearish momentum, continuing the strategy of buying on dips.
Short-term resistance is at 4710, strong support at 4670. The evening fluctuation range is strictly controlled between 4670-4710, a tight 400-point range. The dip support area presents an excellent opportunity for positioning.

Identify the professional direction, follow the real-time rhythm closely, and seize opportunities. Avoid blindly exploring and stepping into traps. Maintain a clear strategy throughout, precisely grasp entry and exit points, avoid unnecessary volatility, and rely on key levels to follow the trend for layout. Steadily accumulate profits and achieve steady income growth. Every position has a clear direction.

Trading Suggestions

- Entry: Buy on dips in the 4670-4680 range
- Stop-loss: 4650
- Target: 4800-4780#Gate广场五月交易分享 $BTC $GT $ETH
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