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May 5th, Tuesday, Zhongling Gold Silk Dew Sharing
All indicators at the 4-hour level are weakening simultaneously, with MACD and KDJ both continuing to decline, and bearish momentum steadily releasing. Gold prices remain under long-term pressure below the key resistance, with very limited rebound strength. The current sideways movement at low levels is a typical downward consolidation pattern; after a brief correction, the downward space will further open. Suggestion: enter at 4580-4595, target 4530-4505, and watch for a break towards 4450.
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