5.13 Mu Yun Evening Commentary

The bullish rebound opportunity in the evening for gold has already arrived.
From the 15-minute short-term pattern, the intraday pullback completed a shakeout and accumulation phase, the bearish selling pressure has been fully released, and the price repeatedly held the lows in the key support area, with the bottom continuously rising and the overall oscillation center steadily moving upward. The short-term downward momentum is basically exhausted, and the bottom-building pattern has been established.

Recently, the market has maintained a pattern of intraday pullbacks to gather strength and a strong rebound during the U.S. session. Evening market funds are gradually flowing back, and the bullish trend will once again dominate the market. The trading strategy mainly focuses on buying on dips, closely watching the strength of the rebound during the U.S. session. As long as the core support holds and is not broken, the bullish rebound can be seized accordingly.

Reference layout:
Buy in batches within the 4675-4690 range
First target at 4710, then extend to the 4790 area#黄金