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5.1 Gold Morning Outlook
The Federal Reserve's hawkish stance continues, with high interest rate expectations supporting the US dollar and US bonds, short-term pressure on gold to rise. Although inflation has eased somewhat, short-term gold prices are still constrained by interest costs.
The bullish rebound pattern has been established on the technical side, with 4670-4680 as a key resistance level. After testing support yesterday and opening higher today, the bulls are leading the market.
Do not blindly guess the top and short against the trend; focus on buying low in line with the trend.
Operation: Buy near 4580-4610, first watch for a break above 4680, and look for a move towards 4800 upon breaking through. #黄金