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Yesterday in the second half of the U.S. trading session, influenced by Trump's speech, gold prices surged significantly, regaining the 4200 level. This morning's market continued the upward trend, with prices briefly reaching the 4245 level.
Currently, gold is trading around 4190. The short-term trading strategy is mainly to short on rallies and buy on dips.
The key support below is in the 4150-4160 range, with resistance above at the 4250-4260 zone.
Trading reference: If gold falls back to 4160-4170, consider light long positions; if it rebounds to the 4240-4250 range, look for opportunities to short.
Please continue to monitor the progress of U.S.-Iran negotiations, as their developments will continue to influence gold price movements.
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