【Market Evening Summary】
Spot gold prices exhibited a V-shaped pattern during the Asian session, with the intraday low dipping to 3750.65 USD per ounce and rebounding to a high of 3779.25 USD per ounce. Prices are currently trading around 3776.00 USD per ounce, maintaining a consolidation pattern near historical highs.
【Core Influence Factors Analysis】
Intertwining bullish and bearish factors: The Fed's dovish stance and geopolitical risks continue to provide support, but after a series of new highs, technical adjustment pressures are emerging.
Divided market sentiment: Some investors are opting to take profits, while long-term funds remain optimistic about the allocation value of precious metals.
Technical high-level consolidation: Following the creation of historical new highs, prices have entered a technical correction phase, which represents a healthy adjustment.
【Evening Trading Strategy Guidance】
Gold (XAU/USD):
Oscillation range: 3749.00 - 3779.00 USD
Operation idea: Within the range, consider buying low and selling high with light positions.
Breakout strategy:
If it breaks below 3749.00, it may test support at 3739.00 and 3729.00. Consider short positions in line with the trend, with stop loss at 3754.00.
If it breaks above 3779.00, it may test resistance at 3789.00 and 3799.00. Consider long positions in line with the trend, with stop loss at 3774.00.
Silver (XAG/USD):
Oscillation range: 43.640 - 44.300 USD
Operation idea: Within the range, buy low and sell high.
Breakout strategy:
If it breaks below 43.640, targets could be 43.000 and 42.700. Consider short positions in line with the trend, with stop loss at 43.840.
If it breaks above 44.300, targets could be 44.600 and 44.900. Consider long positions in line with the trend, with stop loss at 44.100.
Risk Warning: Any investment involves risks, including the risk of capital loss. This suggestion does not constitute specific investment advice; investors should make decisions based on their own risk tolerance, investment goals, and market conditions.