Liang Ge's Daily Gold Review: Ready to Launch After a High, Precise Support Level Layout is Just Right!

Liang Ge often says that trading should follow the trend and also match the rhythm! This wave of correction is to build momentum for the upcoming rise. Entering at the right support level is necessary to steadily reap the benefits of the trend!

Current Market Analysis:

Gold is behaving very orderly on the 4-hour chart. After a prior surge, the bulls are taking a breather, currently undergoing a consolidation and correction. The key support area is the core for us to capture the next wave of the market!

From the formation, after gold prices surged to a high and then retreated, they are currently undergoing a healthy adjustment within the ascending channel. There are two key support levels on the chart:

1. The 4385-89 range is the short-term defense line, the first buying level during the correction;

2. The 4350-55 line is a strong support at the lower track of the channel, a zone that the bulls must defend, and it is also key for the continuation of the trend.

Don’t be misled by the current correction; the upward trend is not damaged at all—this isn’t a reversal, it’s the bulls building momentum! The K-line surge and retreat are just washing away short-term profit positions; once the correction is in place, the counterattack momentum will be even stronger.

Evening Operation Strategy:

When gold first touches the 4382-89 range, enter long positions immediately!

If it retreats to the 4372-78 area, add positions in line with the trend!

Unified defense should be below 4365, with the target first looking at 4413-18; if it breaks through, hold on for greater space!

Follow Liang Ge's rhythm, layout support levels in batches, and hold on to the trend without losing out!

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Special Reminder: Strict defense, control positions well, and do not hold onto losing trades!