5.12 Wanjie Gold Evening Analysis



News: Tonight’s major focus is the U.S. April CPI, which affects Federal Reserve rate-cut expectations; risk-off sentiment cools, and gold prices face short-term pressure and weaken.

Technical: The hourly chart spikes up then falls back; bearish momentum is dominant, suggesting a slightly weak sideways movement; resistance at 4723, support at 4687.

Trading: Sell short on rebounds at 4710—4730, targeting 4670—4650. Keep your stop-loss strictly in place, tightly control position sizing before and after the data, and avoid heavy positions or holding trades with stubborn conviction. #外汇黄金
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