4.14 Gold Strategy Analysis and Trading Recommendations



Strategy Analysis

Gold currently maintains a high-level range-bound consolidation. Price is under pressure near the 4680 level. In the short term, bullish momentum has somewhat weakened, and the market is in a tug-of-war between bulls and bears. The key support has moved up to the 4620-4600 range. Strong overhead resistance is expected at the 4700-4720 integer levels. Overall, the market continues to follow a range-bound and slightly bullish pattern. Trading should mainly focus on going long on pullbacks, not chasing highs, and strictly controlling position size.

Trading Recommendations

Buy in batches on pullbacks in the 4620-4600 range. Target 4680-4700. Stop loss: 4570

#加密市场小幅下跌 $XAUT
XAUT0,55%
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