Enze: The gold trend remains intact, and pullbacks are still low-risk opportunities
Yesterday, we clearly outlined the strategy to buy within the 5080-5120 range, continuously emphasizing the support level for positioning throughout the day. The market repeatedly tested this zone and stabilized with rebounds, resulting in a clear and considerable profit potential.
Recently, market volatility has been high, with mixed opinions. Only genuine and consistent strategies can withstand market tests. Steadily conducting analysis without exaggeration or post-hoc interpretation is the best response to trust.
Today, gold opened at 5146, reaching a high of 5195, maintaining a pattern of oscillation and consolidation. The current buy structure remains solid, with short-term fluctuations serving as accumulation phases, and there are still opportunities for upward movement.
From the 4-hour chart, key support is at 5100-5120, with short-term resistance at 5230-5240. With a clear trend, pullbacks are opportunities to enter the market. Operations should focus on steady retracements, with real-time strategies followed closely.
Gold Trading Strategy: Buy on dips around 5100-5120, with a stop loss below 5090, targeting 5230-5240. If broken, continue holding.
Reminder: The above analysis is Enze’s personal view. The market changes rapidly, so all decisions should be based on Enze’s actual analysis!
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Enze: The gold trend remains intact, and pullbacks are still low-risk opportunities
Yesterday, we clearly outlined the strategy to buy within the 5080-5120 range, continuously emphasizing the support level for positioning throughout the day. The market repeatedly tested this zone and stabilized with rebounds, resulting in a clear and considerable profit potential.
Recently, market volatility has been high, with mixed opinions. Only genuine and consistent strategies can withstand market tests. Steadily conducting analysis without exaggeration or post-hoc interpretation is the best response to trust.
Today, gold opened at 5146, reaching a high of 5195, maintaining a pattern of oscillation and consolidation. The current buy structure remains solid, with short-term fluctuations serving as accumulation phases, and there are still opportunities for upward movement.
From the 4-hour chart, key support is at 5100-5120, with short-term resistance at 5230-5240. With a clear trend, pullbacks are opportunities to enter the market. Operations should focus on steady retracements, with real-time strategies followed closely.
Gold Trading Strategy:
Buy on dips around 5100-5120, with a stop loss below 5090, targeting 5230-5240. If broken, continue holding.
Reminder:
The above analysis is Enze’s personal view. The market changes rapidly, so all decisions should be based on Enze’s actual analysis!