Yesterday, the gold early market continued to show weakness, and then it even reached the 4100 mark for a moment, but I believe that below 4400, it was due to triggering a large number of stop-loss orders, which led to a spiral decline, and this essentially does not affect the rebound. In fact, the market quickly welcomed an upward movement, reaching above 4500 at most, confirming last Friday's response that 4500 would not trap people. Today, I continue to maintain yesterday's viewpoint; first of all, this week is about welcoming this rebound, and I only consider it a relatively large rebound, not a reversal. Currently, the price is at 4380, the first wave of the rebound has been completed, and today I will maintain the strategy. Only if 4400 holds steady and does not break, will the second wave of the rebound be restarted, with upper targets at 4500, 4650, 4850, and a maximum near 5000. At the same time, we also need to consider the risk-reward ratio and defend well. If it goes down, support can be seen at 4250, 4100, and 4000. $XAU #XAU
Gold ultimately chose to break down from the oscillation range yesterday, weakening again after the overnight interest rate decision. It is currently around 4850, but the trend is different from expectations, considering there is still a possibility of further weakening. There may be a rebound today, first looking at 4890; if the strength is significant, it could reach around 5000. If the defense wasn't well managed earlier, this is a temporary retreat opportunity. The overall direction remains bullish, but it is necessary to wait; currently, it is not suitable to go long. Estimated time is within 3 to 7 trading days, with key lower positions at 4850, 4700, and 4650. Personal opinion, for reference only, not constituting investment advice. #黄金 #XAU $XAU
Gold continued to fluctuate yesterday. Today, according to the plan, we can look for long opportunities within the range, paying attention to the profit-loss ratio and position size when opening a position. The upper targets are 5050, 5100, 5200. #XAU $XAU
Yesterday's trend was low and volatile, with the biggest possibility currently being a downward search for the bottom. The good news is that the downward space is limited, and we are still looking at support around 4900. However, if today can continue the volatility, perhaps the time dimension will be significantly shortened, leading to an upward shift in advance, without waiting for spatial signals (blue projection line). Pay attention to key prices 5050 and 5130; the importance of 5050 today will be greater than that of 5130. This is a personal opinion for reference only and does not constitute investment advice.