Today's Gold Trading Strategy Advice: (5.14)

High-level fluctuation remains weak, mainly range-bound trading, no deep decline unless below 4660, no strong rebound unless above 4715.

• Current price: $4696 per ounce, slight fluctuation in the morning session, pressured below 4700
• Daily chart: Yesterday closed bearish, highs and lows moved lower, but the 10-day moving average (≈4660) provides effective support, indicating a correction within a bull market, not a trend reversal
• Macro: CPI exceeded expectations → interest rate cut expectations cooled → USD and U.S. Treasury yields rebounded, short-term suppressing gold; but central bank gold purchases + safe-haven demand support the floor, correction is a buying opportunity, not a one-sided short
• Range: 4660–4715, look for extension if broken

Trading Suggestions (execute directly)
1. Short-term long (conservative)
◦ Position: Buy at 4665–4670
◦ Stop loss: below 4655
◦ Target: 4700–4715, take partial profits at target levels
2. Short-term short (aggressive)
◦ Position: Short at 4710–4715 resistance
◦ Stop loss: above 4725
◦ Target: 4680–4665, reduce positions on pullback
3. Key breakout responses
◦ Break below 4660: follow the trend short, target 4630–4615
◦ Break above 4715: pullback long, target 4750–4765
4. Position sizing and risk control
◦ Position: 10–20%, avoid heavy positions in volatile markets
◦ Strict stop-loss, do not hold against the trend; monitor US market data in the evening, volatility may increase
In summary: focus on low buys above 4660, high sells below 4715, trade quickly within the range, follow the trend if broken. $XAUT $BTC $ETH #Gate广场五月交易分享