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4.8 Gold (XAUT) Strategy Analysis and Trading Recommendations
Strategy Analysis
Gold is currently quoted at 4628.40, with a slight intraday pullback of 0.14%. The overall trend remains in a high-level oscillation with a slight weakness, indicating insufficient short-term upward momentum. Resistance above is clearly pressing down, and the rebound space is limited. The short-term trend is dominated by bears, and the probability of continued correction is high.
Trading Recommendations
Resist the rebound in the 4650-4660 range, establish short positions, with targets at 4580-4550$BTC $ETH