4.15 Gold Analysis



Today, gold moved quite excitingly—spiking higher in the morning, plunging at noon, and then swaying back and forth between 4780–4810 in the evening—a typical high-level shakeout rhythm.

In the short term, the market is biased to move slightly downward, but there is support around 4786; if it doesn’t break down, it’s likely to rebound.

With the external situation easing a bit, and the U.S. dollar being unstable, the tug-of-war between gold’s bulls and bears is intense.

Trading advice: Go long around 4780–4790, targeting 4820–4860.
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