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Gold, Afternoon Analysis
Yesterday's long call at 4537 was accurate, and the price rose precisely, reaching a high of 4585. The range of yesterday's oscillation was quite small. After setting a stop-loss to protect profits at the high level, I exited early and took a break.
Currently, the European session is trending downward, with the price around the 4400 level. My main strategy this afternoon remains bullish. As long as gold does not break below the 4400 support level, the bulls can regain ground. If it breaks below 4400, it's time to exit the position.
Look for long positions around 4423, with a target of 4600.