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🔥A Wang An'an 4.24 Gold Market Outlook:
Gold XAU current price 4698.5, intraday slight pullback of 0.63%, after testing the 4669 low point, it rebounded, with strong buying support at the lows, and resilient support levels.
1-hour level retraced to the lower Bollinger Band and then stabilized directly, the bearish momentum continues to deplete, the downward momentum has significantly weakened, and a rebound correction is ready to start at any time.
Below, the key strong support is at 4680-4690. As long as the retracement does not break below this, it is a solid low-entry opportunity. The first resistance above is at 4715, and a break and stabilization above can target the previous high of 4745. The long-term bullish trend remains intact, and today’s main strategy is to look for a bottoming and rebound, taking partial positions, and riding the rebound upward with the trend. $XAUT #Gate13周年现场直击 #WCTC交易赛瓜分800万USDT