Gold has recently continued to fluctuate within a range, with short-term back-and-forth movements that have not broken through key high and low points, suitable for short-term trading. Yesterday's judgment of a rebound in the Asian session and a pullback in the European and American sessions accurately matched the market rhythm, and today’s Asian session still leans towards a bullish outlook.
The 1-hour chart shows frequent fluctuations of moving averages, within a large-range oscillation. Investors are advised to maintain stable strategies, with support at 4150 and resistance at 4220.
Short position strategy: short near 4220, target around 4160;
Long position strategy: long near 4165, target around 4220;
The above views are for reference only; trading involves risks, and caution is advised when entering the market. #比特币VS代币化黄金