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4.21 Spot Gold Morning Outlook
Gold still maintains a strong bullish trend, and the high-level consolidation has not changed the overall upward momentum. The safe-haven sentiment driven by geopolitical developments continues to build momentum, providing strong support for the gold price.
The slight pullback in price at the moment is a normal retracement correction after breaking through a key range. Gold has not broken below the critical support area of 4800-4810, and there has been no reversal signal indicating a structural breakdown, so the bullish trend remains intact.
From a technical perspective, the short-term bullish positioning is clear, with highs and lows moving upward in sync. In terms of execution, the approach is still to follow the trend and mainly stay long.
Trading reference: Build long positions in batches within the 4800-4810 range, with targets sequentially at 4840, 4870, and 4900#黄金