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5, 19 Morning Market Analysis Strategy:
Based on the current market rhythm, the short-term trend is likely to maintain a range-bound tug-of-war, with a bias toward oscillation between bulls and bears. Pay close attention to resistance around 4591-4604 on the upside, and 4535 as an important defensive support level below.
In terms of trading, you can attempt short positions around the 4591-4600 area, with a stop loss set at 4608. The first support level to watch is around 4550, and further down at 4535. Only a confirmed break below 4535 will open the further downside trend; if this support holds, the market will continue to oscillate within the range.
Recommended operation: Short near 4591, stop at 4608, exit at 4550/4535
The above suggestions are for reference only; more trading decisions should be based on actual market conditions. #黄金 #黄金🔥 #黄金行情 #XAU