4.10 Morning Gold

Short-term one-hour, gold prices continue to rebound, with full-bodied bullish candles, and short-term bullish momentum is sufficient. After testing the 4800 level, the upward momentum gradually slows down, and the candlestick shows an upper shadow pattern, indicating clear resistance above, and the market enters a high-level consolidation phase to digest gains.

Technical indicators remain at high levels, and the bullish trend has not yet reversed, with no death cross signal formed for a pullback. The short-term market remains in the hands of the bulls, but there is always a risk of indicator divergence and a pullback at high levels. Do not chase the rally.

Long: Stabilize around 4740-4720, short-term target 4785, continued breakout towards 4830

Short: Face resistance on rebound at 4780-4800, enter short, target 4745, break below to 4680

Market fluctuations are fast and dynamic; technical analysis is for reference only. Strictly control position size and risk management, and operate based on real-time market conditions!$BTC ‌#Gate上线Pre-IPOs $XAU ‌