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Gold bulls and bears fluctuate repeatedly; focus on the 5220/5262 resistance levels tonight.
Intraday, gold is oscillating with a slight rebound. The resistance to watch for the rebound is still at 5220/5262. Tonight, consider short positions around these two levels. If a strong break below 5220 occurs, look for a rally to 5262 and then consider shorting again. Be mindful of the risks.
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