山海：注意节奏变化，黄金在多头趋势中有调整！

Core Viewpoint - The gold market is currently experiencing a wide range of fluctuations, indicating a shift in momentum and a potential for a trading range rather than a clear trend direction [1][3]. Technical Analysis - On Tuesday, gold traded within a range of 4235 to 4166, showing a pattern of initial decline followed by a rise, which suggests a lack of strong continuation in either direction [3]. - The daily closing price for gold was 4217, while silver closed at 58.2, indicating a continuation of the bullish trend despite the observed fluctuations [3]. - The H4 timeframe shows a convergence of Bollinger Bands and moving averages around the mid-band, suggesting limited movement within the range of 4260 to 4150 [4]. - The 10-day moving average is a critical support level; if it holds, gold is likely to continue its upward trend, but a break could lead to lower targets around 4120 or lower [4]. Trading Strategy - The domestic gold market has seen two profitable trades this week, with a focus on short-term fluctuations rather than long-term positions due to the high price levels [5]. - For domestic gold, key levels to watch are 970 on the upside and 955 on the downside, while for domestic silver, the focus is on the resistance at 59 and support at 56.5 [5]. - The international silver market remains strong, with a closing price of 58.5, and traders are advised to monitor for potential changes in trend over the coming days [5][6]. Market Conditions - The international crude oil market is currently stable, closing at 58.5, with expectations of potential upward movement if it surpasses the 61 mark [6]. - Domestic fuel oil is trading at 2450, with no significant changes observed, and a focus on establishing a bottom above 2530 is emphasized [6].