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London Gold one-hour market analysis!
Gold is currently oscillating at a high level, with short-term support at the 4660-4680 range. If it stabilizes, consider a light long position, targeting the 4770-4780 range. If it rebounds to the 4770-4780 range and faces resistance, consider a light short position, targeting the 4680-4660 range. The short-term range is oscillating, focusing only on support and resistance levels.
Technical analysis is for reference only and not investment advice. Follow me for daily practical tips and insights to help you understand the true nature of trading.