From a short-term technical perspective, the 4580 level is currently the dividing line between bulls and bears. The continuous oscillation shown on the 4-hour chart is actually a typical buildup during an upward trend; the overall trend structure has not been broken, just consolidating energy.
There are two key points for support levels: 4550 is the support that was turned after a previous breakdown, and further down, 4500 is the origin point of this wave of the market. Proper coordination of these two support levels provides a solid foundation for a rebound.
Trading strategy considerations:
Initially, consider going long in the 4585-4580 range, with a stop loss set at 4570, expecting a target of 4610-4620;
If the price retraces to around 4570-4565, adding a position at the lower levels is an option, with a stop loss at 4555, and the target remains in the 4600-4610 area;
If it directly tests the key support at 4550, consider increasing the position, but keep the stop loss at 4540, with a target of 4590-4600.
Disclaimer: The above analysis is based on technical logic and is for reference only. It does not constitute any investment advice. The market carries risks; operate with caution.
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#美国就业数据不及预期 Gold 1.15 Midday Market Review
From a short-term technical perspective, the 4580 level is currently the dividing line between bulls and bears. The continuous oscillation shown on the 4-hour chart is actually a typical buildup during an upward trend; the overall trend structure has not been broken, just consolidating energy.
There are two key points for support levels: 4550 is the support that was turned after a previous breakdown, and further down, 4500 is the origin point of this wave of the market. Proper coordination of these two support levels provides a solid foundation for a rebound.
Trading strategy considerations:
Initially, consider going long in the 4585-4580 range, with a stop loss set at 4570, expecting a target of 4610-4620;
If the price retraces to around 4570-4565, adding a position at the lower levels is an option, with a stop loss at 4555, and the target remains in the 4600-4610 area;
If it directly tests the key support at 4550, consider increasing the position, but keep the stop loss at 4540, with a target of 4590-4600.
Disclaimer: The above analysis is based on technical logic and is for reference only. It does not constitute any investment advice. The market carries risks; operate with caution.