2.6 Gold Asian Session Market Analysis

The current price is near the upper boundary of the previously identified support zone. At this point, the key is not to blindly buy the dip, but to confirm whether the price can effectively stabilize. If the lower region is no longer quickly broken downward, it indicates that selling pressure has gradually weakened, and the market is likely to enter a sideways consolidation phase before choosing a direction.

In terms of strategy, it is recommended to first stay on the sidelines and focus on observing the effectiveness of the support around 4660. If clear signals of a price bottom and stabilization appear, consider taking a small position to cautiously test the rebound.

Conversely, if the rebound is weak, accompanied by increased volume and a breakdown of key support, then the short-term long plan should be abandoned, and wait for the market to re-establish a bottom structure before seeking new opportunities.