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From the 4-hour chart, the core support levels are 4550-4555, and the secondary support levels are 4625-4630;
The short-term resistance above is 4625-4630, with a key strong resistance at 4645-4650.
Currently, the bearish structure is intact, with no signs of stabilization or reversal;
Trading should adhere to the strategy of shorting on rebounds.
Trading suggestions:
Short gold on rebounds to 4625-4630, add to short positions on rebounds to 4645-4650, targeting 4550-4555;
If broken, positions can be held further.