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5.12 Gold Market Analysis Poem Yuan's Viewpoint
Yesterday's gold trend perfectly fulfilled the predicted rhythm, after the 4-hour MACD death signal was issued, it encountered resistance and pulled back in the 4700-4720 pressure zone, touching as low as 4647, precisely reaching the target support level of 4640-4620.
The current 4-hour cycle has broken through the previous downward channel, and the price has stabilized above the 4700 key support. The bullish trend has not yet shown a clear reversal signal.
Focus on the rebound and stabilization around the 4700-4710 area today; if support can hold in this zone, there is still momentum to push higher toward 4780 and 4820.
Gold suggestion: If the pullback stabilizes in the 4700-4710 range, consider a light follow-up with a stop loss below 4660, targeting 4776-4780, and if broken, look toward 4820-4830.
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#比特币波动
#特朗普5月13日访华
#CLARITY法案下周审议