Morning Gold Analysis #黄金


Yesterday, gold opened at 4790.3 in the morning session, and after the open, the bulls immediately gained momentum and pushed higher, with the price rising to around 4839, encountering strong resistance and beginning to fall back. During the session, the lowest point was 4772, which is a key support level, after which it entered a volatile consolidation trend, ultimately closing at 4789.7. The daily chart shows a long upper shadow pattern, clearly indicating heavy selling pressure above, and the short-term market overall remains under pressure.

Today's trading idea: When the price rebounds near 4840, consider short positions, with a stop loss set at 4845. The targets below are sequentially 4810, 4800, 4790, and 4765. After partially exiting at these target levels, prepare to go long again to seize the two-way trading opportunities within the range.
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