Gold 4-hour chart shows a small step-up consolidation with slight upward movement. After a significant rally yesterday, there was a minor pullback in the early morning. Currently, it is consolidating within the 5180-5200 range with narrow fluctuations.


The short-term bullish pattern remains intact. Focus on the key resistance at 5250. A successful breakout could open up further upward space, targeting the 5400 level.
Today’s early trading shows limited volatility. Tonight’s CPI data may become the trigger for a market breakout, likely sparking a strong rally.
Trading Suggestions:
Buy the dip in batches within the 5145-5190 range.
Target: 5230-5250
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin