4.15 Gold Evening Analysis



Spot gold is currently trading around 4695. After topping out at 4718 during the day, it experienced a slight pullback and overall remains in a high-level, narrow-range consolidation pattern. On the 1-hour timeframe, bulls and bears have been repeatedly pulling against each other; the upside momentum has slowed. Support below is firm. Most likely tonight will continue with range-bound consolidation, with no clear signal of a one-sided breakout.

Trading Suggestions

哆: Consider going long after the 4675-4685 range holds steady. Stop-loss is above 4665. Targets are 4720; a breakout is expected at 4770.

箜: Consider going long after the 4705-4715 range holds steady. Stop-loss is above 4725. Targets are 4680; a breakout is expected at 4640.

(These are personal views for reference only; everything should be based on the live market.)

#黄金##金价#
41.91%
GLDX-3.25%
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