Enze: Thrilling V-shaped Reversal in Jumping Water! Key Levels for Gold Are Clearly Defined
Yesterday, gold initially surged to 5380 but faced resistance, rebounded from 5374, then retreated, finding support at 5280 and bouncing back to 5335. European stocks plummeted due to significant declines in European markets, breaking below the crucial support at 5280, consecutively dropping through 5200 and 5092, with a low of 4996. During the early hours, prices recovered to 5080-5150, resulting in intense market volatility. Risk control is essential.
On the 4-hour chart, watch for resistance at 5150-
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