Next Week's Gold Market Outlook



Next week, gold prices will generally exhibit a pattern of initial weakness and fluctuation, a turning point on Wednesday, and a recovery towards the end. At the beginning of the week, bears are favored, and the market shows weak rebounds; Wednesday's Federal Reserve interest rate meeting will be the key turning point, breaking the current range pattern.

After previous declines, the negative factors are gradually being digested, and the probability of continued deep drops in gold prices is low. A oversold rebound is expected towards the end of the week, with the overall trading range between 4100 and 4300.

Trading Strategy

Before the data is released, follow the trend to short at high levels; after the news is announced and the bottom is confirmed, then go long on support levels. Strictly avoid chasing rallies and cutting losses impulsively.

Specific Levels

• Short positions: Enter on rebounds to 4250-4300, target 4160-4100

• Long positions: Enter on pullbacks to 4100-4150 with stability, target 4250-4300#黄金
GLDX-2.55%
PAXG1.45%
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