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Lao He Talks Gold: Morning Gold Analysis
News aspect, the current market is a mix of bulls and bears, the three major US stock indices are diverging in gains and losses, and Federal Reserve policy expectations still have uncertainties.
Technical aspect, the 4-hour gold price is consolidating within a narrow range around 4540, with the price above the MA5 and MA10 short-term moving averages.
Trading suggestion: Consider short positions around 4560, with targets at 4530/4510.
Lao He statement: The above content is for personal reference only #现货黄金