4.21 Spot Gold (XAU/USD) Morning Outlook



The bullish trend for gold remains strong, with high-level fluctuations not altering the upward trend, and geopolitical risk aversion continues to ferment, providing solid support for gold prices.

Currently, the price has slightly retreated, which is a normal correction after breaking through a key zone, and has not fallen below the critical support area of 4800-4810, nor has a reversal bearish signal appeared.

The short-term technical bullish pattern remains intact, with highs and lows rising in sync, and the main strategy is still to follow the trend and go long.

Trading reference: Gradually build long positions in the 4800-4810 range, with targets sequentially at 4840, 4870, and 4900.#黄金
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