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May 22 Evening Gold Trading Recommendations
Gold prices are currently weak and volatile, with the current price at $4,514. Focus on the 4,500 level; U.S. data and Federal Reserve comments tonight will influence market trends.
Resistance level: 4,550
Support level: 4,480
Trading approach: follow the range-bound strategy
Short positions
Enter lightly on rebounds to the 4,540-4,550 range, with a stop loss at 4,570, targeting 4,500 and 4,480
Long positions
On a pullback to 4,480 with signs of stabilization, consider entering long positions, with a stop loss at 4,450, aiming for 4,530 and 4,550
Maintain a light, short-term trading stance—quick in and out. If the range is broken effectively, adjust your strategy promptly. Be alert to news-driven market risks. #黄金