20 April, Morning Gold Trading Ideas from Mu Yun

A slight correction does not require panic, overall still bullish
In the afternoon, review of gold trends, key points clarified:
1. The brief decline is just a normal correction, not a trend reversal, and it provides a better entry opportunity.
2. From the 1-hour cycle, after the price dips, it quickly recovers, with obvious buying support, and the bullish momentum has not weakened.
3. The bearish momentum is basically exhausted, the main trend remains upward, and chasing short positions is not recommended; a phased dip to add long positions is more prudent.
Operational reference
Gradually build long positions on dips between 4755–4770
Stop-loss defense: below 4740
Short-term targets: 4800 → 4830 → 4850#黄金