4.10 Gold Morning Outlook



Yesterday, gold opened at 4719.6 in the morning session, slightly retreated to 4697.5 before stabilizing steadily, maintaining a steady oscillation rhythm.

The recent market trend has been very stable, with prices repeatedly testing lows and bouncing back for recovery, showing strong support at low levels. Key support levels have been repeatedly tested and held firmly, and the overall upward trend continues steadily.
Currently, market news is balanced between positive and negative, with short-term sentiment fluctuating slightly, but this will not disrupt the overall gentle recovery pattern; funds tend to buy on dips and position themselves, and after prices rise, there will be reasonable profit-taking and cashing out.

Trading Suggestions

Enter around 4710-4730, set stop-loss at 4695, target break above 4760 to look towards 4800
BTC1,3%
ETH1,18%
XAUT0,29%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin