#外汇黄金[超话]#Gold Morning Review: After a deep correction, a new round of market trend is approaching

Yesterday, gold opened at 5183, surged to 5198, then entered a single-sided decline, touching a low of 5015. It then stabilized and rebounded with oscillation, with the white line rising back to around 5140 before retesting, showing a pattern of bottoming out and rallying in a oscillating recovery rhythm.
From a technical perspective, the daily chart closed with a large bullish candle, firmly above the key support level of 5100, indicating a short-term oscillating trend that is relatively strong. In the hourly chart, moving averages are intertwined, with gold price fluctuating between 5100 and 5180. Indicators have shifted from oversold to normal levels, showing some rebound strength, but not yet in a strong upward phase. The resistance level is at 5220, and the strong support is at 5050. Today is likely to remain oscillating; only a breakout of this range will lead to a clear upward or downward trend!

Overall, this morning, gold mainly consolidates with oscillation, waiting for data to drive the market. Technically, it’s about buying low and selling high within the range.

Trading suggestions: After the gold price stabilizes around 5045 to 5050 during the pullback, go long with a small position, targeting 5150, 5180, and 5220!

Short position: 5200-5215, stop at 5225, target 5100

Be sure to set strict stop-losses #中东局势彻底失控##黄金##外汇黄金##Gold price#国际油价突破100美元