Driven by non-farm payroll data, gold experienced a strong rally on Friday, with prices quickly approaching the new high resistance zone. Next Monday's key technical levels are clear: the resistance at 4518 above forms a short-term upward pressure, and considering the current volume performance, the probability of breaking the new high is relatively low; the support at 4480 below is an important threshold for the bulls to continue the rebound. If this level is broken, a pullback may be triggered.
Market fluctuations are unpredictable, and strictly controlling positions and stop-losses is fundamental to staying in the market. For friends who are currently in a loss and seeking opportunities to recover, relying on key levels for steady positioning can most likely become your safe haven!
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Driven by non-farm payroll data, gold experienced a strong rally on Friday, with prices quickly approaching the new high resistance zone. Next Monday's key technical levels are clear: the resistance at 4518 above forms a short-term upward pressure, and considering the current volume performance, the probability of breaking the new high is relatively low; the support at 4480 below is an important threshold for the bulls to continue the rebound. If this level is broken, a pullback may be triggered.
Market fluctuations are unpredictable, and strictly controlling positions and stop-losses is fundamental to staying in the market. For friends who are currently in a loss and seeking opportunities to recover, relying on key levels for steady positioning can most likely become your safe haven!