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Yesterday's live session also explained gold.
In the short term, the outlook is bullish. This morning, it directly hit the take-profit price I mentioned. The decline of the US dollar and the rise in crude oil caused gold to shift from "panic selling" to "bottom fishing and covering." Additionally, the easing of Middle East tensions (US-Iran conflict) and Trump signaling that US-Iran negotiations are "progressing smoothly," even hinting that he is willing to end military hostilities even if the Strait of Hormuz remains closed, along with weak US employment data, have made gold again a good safe-haven asset.
It is recommended to watch the resistance at $4700-$4750 and support at $4600-$4620.