Friday closed firmly at 4986, surged to 4990 in the early morning before oscillating to finish, the daily line again closed with a long lower shadow bullish candle, a strong five consecutive bullish candles establish a bullish pattern! Geopolitical tensions continue to brew + institutions continue to increase positions, a dual benefit supports gold prices, MACD golden cross with expanding red bars, Bollinger Bands opening upwards, prices steadily climb along the upper track, bullish momentum is unstoppable!
4-hour level high position oscillation and accumulation, Bollinger Bands opening wider, strong momentum in the short-term, still has upward power, the 5000 integer level is a key pressure point in the short term, need to be cautious of slight pullbacks, but this is by no means a reversal signal, pulling back to buy is still the core idea!
Specific trading strategy for gold
Gold pullback near 4955, stop loss at 4944. If the market strengthens, enter directly around 4970-80, target 5000→5030.
What traders fear most is not the lack of opportunity, but the misstep in rhythm. If you always struggle to hold positions and hesitate while the market rises, stop forcing it. Here, there are no flashy gimmicks, only solid trend judgments and steady entry points.#黄金白银价格创新高 $XAU