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Good evening everyone! Gold stabilizes after falling, watch for continued rebound tonight.
After a pullback during the day, gold gradually stabilizes and the current price has returned to around 5150. The short-term structure is mainly oscillating and repairing, so tonight's strategy is to buy on dips.
The current US-Iran situation remains tense, with Middle East geopolitical risks boosting market risk aversion; combined with restrictions on shipping through the Strait of Hormuz, oil prices remain high, supporting inflation expectations, all of which support gold prices.
Key references for tonight:
Support levels: 5140 short-term support → 5125-5130 area support → 5100 strong support
Resistance levels: First look at the 5175-5185 area, and if strong, then target the 5200 barrier#黄金[超话]##Spot Gold#黄金#