Monday Gold Market Layout as follows↓ 1. Long Position Setup (Buy on Dips)



1. Short-term Support Levels:

- 4690-4700 range

- Logic: 4-hour EMA5/10 (4695/4692) confluence support, confirmed multiple times by previous pullbacks.

- Stop-loss: Below 4685 (key intraday support).

- Target: 4735 (Weekly 20 MA) → 4750 (Breakout opens upward space).

2. Mid-term Support Levels:

- 4660-4665 range

- Logic: Previous dense trading zone + weekly support level. If price pulls back here and shows bullish reversal signals, consider medium-term long positions.

- Stop-loss: Below 4650 (trend reversal signal).

- Targets: 4700 → 4735.

2. Short Position Setup (Sell on Rises)

1. Short-term Resistance Levels:

- 4735-4745 range

- Logic: Weekly resistance + 4-hour RSI overbought (around 70), limited rebound momentum.

- Stop-loss: Above 4750 (breakout signal).

- Targets: 4680 → 4660.

2. Mid-term Resistance Levels:

- 4765-4785 range

- Logic: Previous high zone + daily Bollinger Band upper band resistance. If price rebounds to this level and faces resistance, consider medium-term short positions.

- Stop-loss: Above 4795 (trend reversal signal).

- Targets: 4735 → 4700.

3. Special Scenario Responses

1. Opening drops below 4650:

- Short aggressively, target 4600, stop-loss 4670.

2. Opening breaks above 4750 and stabilizes:

- Long aggressively, target 4800, stop-loss 4730.

4. Risk Reminder

- News Impact: Focus on US March Core PCE Price Index (20:30) on April 28 and Non-Farm Payrolls (20:30) on May 1. Data surprises may cause sharp gold price fluctuations.

- Position Management: Limit single trade size to no more than 30%, total holdings not exceeding 50%, to avoid excessive risk during range-bound oscillations.
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