#TradFi交易分享挑战 Gold rebounds confirmed twice, continue to look for a rebound after filling the gap!

Gold was boosted by news yesterday, opening higher and moving upward, closing with a bullish daily candle. From the daily chart structure, the overall trend still leans bullish, but the resistance at 4580-4590 has yet to be effectively broken through. In the short term, the market will likely remain in a range-bound oscillation. The primary support on the daily level is near yesterday’s low of 4540. As long as the price stabilizes at this level without breaking below, a pullback can be used to establish long positions; combined with yesterday’s closing rhythm, the healthy upward movement of the bulls depends on the market not falling below 4553. If the market pulls back sharply to the 4540 level, it indicates weakening bullish momentum, and there is a short-term need to fill the gap. The downward target is likely around 4520, or even near 4510. In the medium to long term, the bullish rhythm remains unchanged: once the gold price stabilizes above 4590, the bullish space will be fully opened, with subsequent targets at 4650 and 4700, just a matter of time.

Spot gold intraday short-term trading strategy:
1. Go long at 4535, stop loss at 4525, take profit at 4555-4575-4590
2. After loss, if it pulls back to 4510, continue to go long, stop loss at 4500, take profit at 4540-4565-4580
3. If the market strongly breaks above 4580, follow with a light position to go long, take profit at 4590-4604-4630; once it touches 4640 for the first time, go short once, stop loss at 4650, take profit at 4620-4610-4590

The above analysis is solely the author's personal opinion and does not constitute specific trading advice. $XAUUSD