Gold's white trading session is very tough, with gold prices fluctuating up and down constantly, but the range of volatility is further compressed, with the lowest price at $4,317 and the highest at $4,349.61, completely contained within yesterday's candlestick. The high is lower than yesterday's high, and the low is higher than yesterday's low, causing the trend analysis to fall into confusion.


Gold's daily chart shows narrow fluctuations, hovering between the 20-day moving average and the 5-day moving average, with resistance above and support below. Without breaking the range, it's impossible to determine the next breakout direction of gold. We can only wait for the market to emerge from the chaotic state and then make targeted arrangements.

Gold night session market analysis and strategies
Gold is consolidating within a narrow range; the tighter the convergence, the closer the breakout. Although the current trend cannot determine the breakout direction or timing, trading standards objectively exist, and formulating a trading plan is unobstructed.
The strong support for a pullback during the night session is in the 4290 to 4300 region. In this area, consider setting up long positions with targets around 4360 and 4370.
If the gold trend remains lukewarm and does not pull back to the support zone, a bottom structure can be formed on the 5-minute chart to enter long positions.
Currently, it is a pause in the rebound and sideways consolidation period. The outlook is temporarily bullish, and the main strategy is to buy on dips.
GLDX-0.12%
PAXG-1.28%
XAU-1.21%
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