Latest Analysis and Trading Strategy for Gold

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Latest Analysis and Trading Strategy for GoldGoldOANDA:XAUUSDuby3vI. Core View International gold (Spot Gold, XAU/USD) is currently quoted at approximately 5,086 US dollars per ounce, with a sharp intraday pullback. In the short term, it is in a pattern of low-level consolidation and recovery, dominated by bears. The U.S. Non-Farm Payrolls (NFP) data is the core variable today, and the strength of the data will directly determine the direction of the gold price. II. Key Levels Support: 5050 → 5000 → 4980 Resistance: 5100 → 5150 → 5200 III. Trading Strategy Short Position Entry: Light short position at 5100–5110 Add Position: 5130–5140 Stop Loss: Above 5160 Targets: 5050 → 5000 1) If data is significantly stronger than expected (bearish for gold) Operation: Directly chase short Entry: 5080–5090 Stop Loss: Above 5120 Targets: 5050 → 5000 → 4980 IV. Risk Discipline Volatility is extremely high around the NFP release: Trade with light positions, do not hold losing positions, do not chase ups and downs. Adjust the strategy immediately when key levels are broken. Only consider reversing to bullish after firmly standing above 5150.