In the early trading session, gold prices retreated to the support zone of 4550-4580, with downward momentum clearly insufficient. This pullback is a bull trap accumulation move, not a trend reversal signal. 4580 is a key short-term bullish defense level; unless it is effectively broken below, a deep correction is unlikely to begin. The current market is a technical retracement within an upward cycle, mainly characterized by a bottoming and rebounding pattern, with an initial decline followed by a rise. As long as it stays above the 4550-4580 support, the trading strategy should be to follow the trend and go long, patiently holding and waiting for a rebound and recovery.

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