5. 12 Morning Market Analysis and Strategy:


Gold shows strong short-term performance, and the upward trend may continue, with a potential breakthrough above 4800. Short-term resistance is at 4732-40, with support at 4816-4823, and resistance at 4816-4823. In terms of operation, consider buying low at 4732-40, selling high at 4816-4832, and pay attention to risks.

  

  Gold short-term trading ideas for May 12:

  

  1. Buy at 4720-4740, stop loss at 4700, take profit at 4780-4800, and watch for resistance near 4820 if broken

  2. Sell at 4816-4823, stop loss at 4834, and take profit at 4770-60

  The above suggestions are for reference only; more operations should be based on real-time trading.
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