April 27th, Old Four Evening Gold Trading Ideas

The new round of US-Iran negotiations has officially begun, but key disagreements between the two sides remain unresolved. Coupled with the ongoing tense geopolitical situation in the Strait of Hormuz, risk aversion sentiment fluctuates repeatedly, directly affecting market volatility.

Throughout the day, gold generally maintained a range-bound consolidation pattern, opening lower in the morning and falling back to the 4672 level to stabilize. It then rebounded, reaching the 4730 resistance level before encountering resistance and pulling back. Tonight's market is likely to continue the oscillating pattern of first falling then rising, with the bulls and bears repeatedly tugging. During volatile trading, overtrading on rallies or dips should be avoided; a simple trading approach is key to stability.

Trading Suggestions:

1. Short positions can be taken near the 4720-4730 resistance zone on rebounds, with short-term targets at 4680–4640, and a stop-loss above 4740.

2. Long positions can be established in the support zone around 4640-4650 on dips, aiming for a rebound toward 4720–4750, with a stop-loss below 4630. #黄金 #现货黄金 #XAU$XAU