🔥 Spot Gold Morning High-Altitude Strategy

Yesterday evening's market review: We suggested a high-altitude approach around 4710, targeting 4650, with a break downward to 4630. The market dipped to a low of 4638, and after accurately reaching the target zone, it rebounded as expected, with the trend perfectly matching predictions. The current price has returned to around 4718 for consolidation.

From a technical perspective, the 1-hour chart shows the price rebounding above the BBI moving average, but there is clear selling pressure around the previous high of 4773. The short-term rebound is a corrective move and does not change the overall high-pressure trend. In terms of operations, continue with the high-altitude approach: a light short position can be attempted when touching the 4730-4750 zone; if the price strongly breaks through 4750, wait for a rally to the key resistance zone of 4770-4780 before adding to short positions, with a stop-loss above 4785. The target ranges are 4700-4680.
⚠️ This content is only a personal trading idea sharing and does not constitute any investment advice. The market carries risks; please manage risk carefully. #黄金