#美伊局势影响 Recently, gold surged to around 5419 before starting to pull back, then plummeted on Tuesday, with a low of 4997. This trend is consistent with the technical performance of previous declines last year, where prices fell near the middle Bollinger Band on the daily chart, then tested repeatedly before a trend reversal and subsequent rally. Currently, the close is at 5141, with the rebound nearly halving the previous decline. It is basically confirmed that this round of correction has completed, and a cyclical upward movement has begun.

The daily chart has already closed higher, indicating a sideways upward trend. Such a rally can happen quickly. Watch for short-term resistance at 5230–5240. The 4-hour chart is even more evident: after Tuesday’s initial rise and subsequent fall, Bollinger Bands are narrowing, moving averages are converging, and the K-line above 5000 is closing higher with a bullish trend. Therefore, the major range to watch is between 5000 and 5400. It’s possible that gold could strengthen further this week or next, reaching the high of 5400.
Trading suggestion: Buy near 5130–5140, with a stop loss at 5100. Target 5180/5200.
Disclaimer: The above content is for sharing personal ideas and opinions only and does not constitute trading advice.