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5, 19 Evening Gold Price Movement Fully Aligns with the 4558 Short Strategy Provided by the European Session, with the price bottoming out at around 4525, briefly breaking below the 4530 support level but not continuing the weakness, overall showing a pattern of higher and lower points gradually moving downward in a weak oscillation.
The rebound strength in the evening is likely weaker than during the European session, with a key focus on the 4550-4555 resistance zone. During the US session, if the price surges into this range, consider continuing to short, with a stop loss set at 4567, and targets at 4520 and 4510 for partial exits.
Currently, the market remains in a range-bound oscillation, with limited volatility, so there's no need to overly expect a one-sided trend.
Recommended operation: Short around 4553-4568, stop loss at 4590, take profit at 4520/4510.