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5.7 Gold Keli Analysis
Spot yellow fish shows a strong bullish trend, with the price above $4,715, up 0.54% for the day, reaching a high of $4,721. Moving averages are in a bullish alignment, MACD red bars are enlarging, and the upward momentum is strong. In the short term, watch for resistance at $4,721-$4,740, with support around $4,698.
MACD is signaling an upward trend, currently in a high-level consolidation phase after breaking through. The short-term important resistance zone is at $4,720-$4,740.
Trading suggestion: $4,600-$4,660, target: $4,730-$4,800
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