#黄金

Good morning everyone! Today's gold opened at around 4207, continuing the rebound trend after yesterday's dip, which hit a low of around 4175 before recovering, ultimately closing at around 4208. Currently, the hourly moving averages are showing a state of oscillation and entanglement, and the gold price is forming a triangular convergence pattern. The lower support has moved up to the 4163-4175 range, while the upper resistance is near 4220. It is expected that gold will continue to oscillate and consolidate within this narrow range, followed by a potential directional breakout. In terms of operations, it is recommended to continue focusing on buying on dips.

From the 4-hour chart, the key focus is on the important resistance at 4215-20 above, and the important support at 4163-75 below. Technically, the oscillation leans more towards adjustment and pullback for buying; we patiently wait for key entry points.

Buy on a pullback to the 4165-75 range, stop loss at 4157, target at 4215-20, continue holding if broken;

Sell on a rebound to the 4215-20 range, stop loss at 4229, target at 4180-85, watch for a break at 4165-70.