https://www.tradingview.com/x/7KNE15RT/
News：
On Friday (October 17), during the Asian and European sessions, spot gold bottomed out and rebounded in a V-shaped reversal trend. It fell 2% during the session, about $100, and then quickly recovered the lost ground. It is currently trading around 4330.
Recently, with the expectation of the Federal Reserve cutting interest rates becoming more and more intense, and there is an expectation of further interest rate cuts, the loose atmosphere, coupled with the expectation of inflation and the impact of the economic and trade turmoil, gold has once again become the darling of the market. Every day, it witnesses new highs in history, and the trend is becoming more and more crazy. There is no top in sight, and it is also unpredictable when a wave of diving will come.
Specifically:
Judging from the 1-hour market trend, we are currently paying attention to the short-term support at 4320, with a focus on the 4215 support. The bulls are rising strongly and there is no top. In terms of operation, we will mainly go long on pullbacks. For the middle position, we will watch more and do less, be cautious in chasing orders, and wait patiently for key points to enter the market. I will provide detailed trading strategies in the channel, so please pay attention.
Trading strategy:
Buy: 4320-4315, SL: 4300, TP: 4360-4380
