Looking at the gold trend, it broke below the 4472 level yesterday. The previous rally from 3997 should be coming to an end. The current high seems more like a correction of the previous gains, and after the correction, it still needs to find a direction.



Today's key support is at 4276. From the low of 4302, there doesn't seem to be a particularly strong impulsive wave, so the bottom may not be fully confirmed yet. The resistance above is at 4385. If this level is broken, there is a possibility of a shift to a stronger trend.

In the short term, support and resistance will be tested around these levels. Let's observe how it develops.
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SignatureCollectorvip
· 4h ago
Starting to analyze these levels again, repeatedly confirming support and resistance. So boring.
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GweiWatchervip
· 4h ago
Starting to drift sideways and slack off again, the temperament of gold really is frustrating.
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DegenMcsleeplessvip
· 4h ago
It seems like this wave of gold still needs to be shaken out; if 4276 can't be broken, there's really no bottom.
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zkNoobvip
· 4h ago
It dropped again, and 4472 couldn't hold. I'm afraid this rally has truly come to an end.
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MetaverseMigrantvip
· 4h ago
This wave of gold correction is a bit annoying, just waiting to see if 4276 can hold.
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BridgeJumpervip
· 4h ago
This wave of gold correction really doesn't mean much; let's wait until it breaks below 4385.
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