Market trend analysis shows that the short-term pullback is merely a consolidation phase; the support below the market is very strong. Each time the price dips and tests support, it quickly stabilizes and absorbs the pressure, then rapidly closes with a large bullish candle, quickly recovering the lost ground from the correction. The pattern of shallow declines and rebounds confirms that bullish funds are secretly accumulating and preparing for a rally.

There is no need to be disturbed by short-term minor fluctuations; the overall trend has long been hinting at a positive outlook. Market bullish sentiment continues to heat up, with bullish momentum steadily increasing in volume, and consecutive bullish candles signaling a strong counterattack pattern. Every technical correction now is an excellent opportunity to follow up and build positions at lower levels.

The current global situation remains full of uncertainties. The natural safe-haven advantage of gold continues to stand out, combined with continuous inflows of market funds, and multiple positive factors resonating together to support the upward movement of gold prices. The current bullish rally has not yet run its course, and the potential for further gains remains very promising.

Trading suggestions:

Maintain a long position in the morning, entering on stabilization after a pullback to the 4680-4700 range, with a stop below 4680. Short-term targets are 4730 and 4750; if there is an effective breakout, then aim for 4800. #Gate广场五月交易分享 #外汇黄金