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5.15 Gold Strategy Ideas - Luo Yi Analysis
Bullish trend continues, gold is expected to bottom out and rebound
Intraday gold experiences a slight short-term pullback and adjustment; the brief decline in the market is a normal pause in the upward process, and the overall bullish trend remains intact. The market's downward momentum is gradually weakening, with strong support at key levels below, and limited room for short-term correction. As sentiment gradually improves, bullish strength continues to accumulate, and the subsequent market is likely to oscillate and rebound. In terms of operations, prioritize supporting positions to set up short-term opportunities, and patiently wait for the price to rebound and rise.
Operational reference: Enter at the low end of the 4570‑4550 range, defend below 4530, with the first target at 4640, and the second target at 4690.