Market Evening Summary

Spot gold price moved up and down during the Asian session. It dropped to a low of 3729.66 USD per ounce during the day, reached a high of 3757.00 USD per ounce, and is now trading around 3756.00 USD per ounce. Silver also showed an oscillating upward trend and continues to hold at high levels.

Core Influence Factors Analysis

After a technical pullback, the price has stabilized with buyer support, showing that market sentiment is still positive overall. Expectations about the US Federal Reserve's monetary policy continue to provide underlying support for precious metals. Safe-haven demand remains strong due to global trade issues and geopolitical uncertainties.

Evening Trading Strategy Guidance

Gold (XAU/USD):

Oscillation range: 3729.00 - 3757.00 USD

Operation idea: Within this range, consider buying low and selling high with light positions.

Breakout strategy:

If it breaks below 3729.00, it may test support at 3719.00 and 3709.00. Consider short positions in line with the trend, with stop-loss at 3734.00.

If it breaks above 3757.00, it may test resistance at 3767.00 and 3777.00. Consider long positions in line with the trend, with stop-loss at 3752.00.

Silver (XAG/USD):

Oscillation range: 43.770 - 44.770 USD

Operation idea: Within this range, buy low and sell high.

Breakout strategy:

If it breaks below 43.770, the target may be 43.000 and 42.700. Consider short positions in line with the trend, with stop-loss at 43.970.

If it breaks above 44.770, the target may be 45.200 and 45.700. Consider long positions in line with the trend, with stop-loss at 44.570.

Risk Warning: Trading markets have unpredictable risks, including but not limited to loss of principal. This analysis is for reference only and does not constitute direct investment advice. Investors should make their own decisions based on their personal risk tolerance.