Gold approached historical highs on Friday before facing resistance. In the latter half of the night, bears exerted pressure, causing prices to drop nearly $100 quickly, but strong buying support below led to a robust rebound. The current battle between bulls and bears is fierce, and today's trend may become crucial!

From a technical perspective, the 1-hour moving averages are in a golden cross and arranged in a bullish formation. After a rapid drop, prices found support in the 4270 area (a previously active trading zone) and rebounded again. This position can serve as a boundary for bulls and bears during the day; if the morning session can hold above this, a continuation of the rebound momentum is expected, with key resistance at the 4350 area.

The market is ever-changing, and we are currently in a critical phase of competition between bulls and bears. Operations should adhere to the principle of 'trend is king', acting in the direction of the trend and avoiding counter-trend operations. Strictly executing the trading plan is essential for steady and long-term success.

Morning trading strategy:

· Go long on gold near 4267, stop loss at 4255, target 4330-4350. #比特币波动性 #美联储降息