May 22 Morning Thoughts



The previous decline has slowed down, the Bollinger Bands are narrowing and leveling off, and the bearish momentum is insufficient, indicating the market is entering a consolidation and correction phase.

The market's lows are gradually rising, with the price stabilizing above the 4523 Bollinger middle band, suggesting a short-term rebound trend is favorable. It has not yet broken through the consolidation range, leaving room for further upward movement. The lower band is stabilizing and rising, with solid support at the bottom, and the bulls are eager to enter, providing strong confidence for the rebound.

Trading Suggestions
Light positions to buy on dips between 4500-4515
Targets sequentially at 4550, 4580, 4600

Risk Control Reminder: Manage your positions carefully, closely monitor for breakouts of the range, and respond flexibly to market changes #黄金
GLDX-5.13%
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