Gold, Afternoon Analysis

Last week I suggested a target of 4500, and the market trend and expectations are once again aligned. The 4500 target was successfully reached, and it has already risen to that level. The next target at 4600 is also not far away.

As long as the current price does not break below the 4400 support level, it will continue to rise. This morning, the strength of this level was confirmed, standing like an iron wall.

As long as the 4400 support holds, we can look forward to a continued upward trend with consecutive bullish days, and today’s target remains at 4600.

Buy around 4493, target 4600, with a wave outlook of 4800.