5.8 Gold Market Analysis Poem Yuan's Viewpoint


Gold started its rebound near 4505, reached a high of 4765.99, then entered a technical correction, currently trading around 4716, in a high-level pullback and consolidation phase, with bullish momentum weakening.

Key levels to watch above are 4735-4750 and 4765.99. When encountering resistance and pulling back, consider a light short position. Support levels below are 4690-4700, with a critical support at 4650-4660. Overall, it remains in a technical correction phase dominated by a bullish trend, with no clear reversal signals yet.
$BTC $GT $ETH #比特币跌破8万美元 #油价过山车
#稳定币储备下降
BTC-1.72%
GT-1.89%
ETH-1.9%
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