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6. 5 Early Morning Market Outlook and Strategy:
Gold prices continue to fluctuate within a range, maintaining the strategy of selling high and buying low in the morning.
Overnight, gold prices slightly retreated, currently trading at 4468.71 below the hourly Bollinger middle band, with the Bollinger bands continuing to contract and narrow, indicating no breakout momentum in the short term, and the short-term consolidation pattern remains unchanged.
Trading Strategy:
Short at 4500-4520, target 4480, 4460;
Long at 4435-4455, target 4475, 4498.
Note: The strategy is for reference only and does not constitute any investment advice. #黄金🔥 #黄金 #黄金行情 #XAU