Gold remains in a strong upward trend, continue to buy on dips around 4571-80 tonight
Today’s gold movement aligns with my expectations. It just supported around 4562 and started to rise. In the short term, it is oscillating around 4590. The overall bullish trend remains unchanged. The logic of buying on dips remains valid. Tonight, focus on buying on dips near 4571-80 with a stop loss at 4561. The morning’s low point still looks good for a break above 4600. Short-term resistance is around 4608-4610. If broken, look at 4631, and then consider whether to short briefly at 4631.
Buy around 4575 tonight, stop loss at 4561, take profit at 4608/4631
The above suggestions are for reference only. More trading decisions should be based on actual market operations.
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Gold remains in a strong upward trend, continue to buy on dips around 4571-80 tonight
Today’s gold movement aligns with my expectations. It just supported around 4562 and started to rise. In the short term, it is oscillating around 4590. The overall bullish trend remains unchanged. The logic of buying on dips remains valid. Tonight, focus on buying on dips near 4571-80 with a stop loss at 4561. The morning’s low point still looks good for a break above 4600. Short-term resistance is around 4608-4610. If broken, look at 4631, and then consider whether to short briefly at 4631.
Buy around 4575 tonight, stop loss at 4561, take profit at 4608/4631
The above suggestions are for reference only. More trading decisions should be based on actual market operations.
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