Gold typically enters a correction phase on Tuesday after a strong rally on Monday. Maintain a bullish outlook for the day, with the primary support area being the 3955-60 range (which encompasses the early morning low, opening price, and high trading volume). Bulls are expected to mount a counterattack here. Today’s market will not simply replicate Monday’s unilateral surge, but will likely exhibit a pattern of “high-level fluctuations, false breakouts, and subsequent declines, followed by a test of the bottom and subsequent upward movement.” Trading strategies should be abandoned in favor of buying at the bottom of the market fluctuations.
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