After the gold price reaches its bottom, it begins an oversold rebound repair. The current price is 4291.33, oscillating back and forth within the range.
The short-term overhead resistance is 4296.88, which is the high of this rebound. The price has repeatedly tried to break through this level, and clear signs of resistance have appeared. The support below to watch is 4282.64, which is also the low point where this move started.
The rebound momentum on the market has slowed somewhat, and bulls and bears are locked in a tug-of-war. In terms of trading, it is not suitable to chase higher prices directly. Prefer to wait for a pullback to the support area and for it to stabilize before setting up long positions. If the price rises to around 4297 and then stalls, you may take a small short position for a tactical bet. In a ranging market, manage risk strictly and keep tight defenses.
#黄金
The short-term overhead resistance is 4296.88, which is the high of this rebound. The price has repeatedly tried to break through this level, and clear signs of resistance have appeared. The support below to watch is 4282.64, which is also the low point where this move started.
The rebound momentum on the market has slowed somewhat, and bulls and bears are locked in a tug-of-war. In terms of trading, it is not suitable to chase higher prices directly. Prefer to wait for a pullback to the support area and for it to stabilize before setting up long positions. If the price rises to around 4297 and then stalls, you may take a small short position for a tactical bet. In a ranging market, manage risk strictly and keep tight defenses.
#黄金
