Gold Market Brief Analysis + Today's Layout

On Monday, gold perfectly formed a V-shaped pattern of initial decline followed by rise, with the market oscillating through repeated shakeouts, all rhythmically under control. Both bullish and bearish positions were precisely executed, and profits were smoothly secured.

Yesterday, the market gapped down at the open, with a forecasted move to fill the gap, pre-locking the support zone at lower levels. After accumulating strength, the market sharply rebounded during the US session, with short positions at high levels accurately reaching target zones. The market then surged again, stabilizing at high levels, with the overall trend fully aligning with expectations.

From a technical perspective, the daily and 4-hour charts show synchronized bullish signals, with ample bullish momentum and a clear upward trend. The overall approach for the day remains focused on buying dips.

Key support levels for the day: 4710, 4740-4750

• Steady rebound and hold above 4710 to go long

• Aggressive traders can directly position at 4740-4750

Short-term target first at 4795, then trend upward toward 4840, with a wave segment targeting 4850-4890.

Trade with the trend; dips are good entry points. Keep a close eye on key levels, seize wave profits, and continuously follow the real-time trend! $XAUT