Gold 16:05 Market Outlook



The price repeatedly tests resistance above 4700 with sideways consolidation, and the bullish momentum is clearly weakening. A sharp decline could occur at any time. The short-term strategy remains unchanged: rely on the resistance above to enter in batches, with the initial target at 4680, and if broken downward, look for 4650-4630.

This is only my personal market analysis and does not constitute investment advice. Please manage your risk carefully when trading.
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