Song Xiqing: Is the gold rebound a feint or a real breakout? The key lies at this level.



As I predicted, gold surged to the 4040–4050 resistance zone and was pushed back.
But if it can hold steady above this level, there's a high chance it will bounce again.
My long position near 4040–4050 has already gained some profit.

For short-term trading, watch if 4040–4050 can hold as support, and above that, the 4110–4130 resistance zone.
Strategy: Try a long near the 4040–4050 retracement, then consider a short near 4100–4120.

If gold really breaks through the 4030–4130 range, this strategy will be invalid, and I will update again.
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