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The gold market rebounds after midday decline, stabilizing at 4685 and beginning a rally, with 4707-4715 as the key intraday resistance levels. Touching these levels suggests a light short position, do not chase long positions.
Existing positions should have stop-loss and take-profit orders set promptly, prioritize locking in profits, and wait for a pullback to stabilize before re-entering.
The daytime trading is mainly volatile and consolidating; the evening US market is crucial. Be cautious of a repeat of yesterday’s strong upward surge, and stay flexible in operations.
Overall strategy: rebound with resistance for shorting, strictly control position sizes, and implement risk management. Follow the trend for short-term layout.
Warm reminder: Investment involves risks; always set stop-loss orders when operating. $XAUT #特朗普5月13日访华