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London Gold One-Hour Market Analysis
#TradFi交易分享挑战 London Gold belongs to short-term high-level oscillation, with bulls and bears tugging, strong support at 4500, strong resistance at 4570, direction awaits a breakout. The medium to long-term remains bullish, mainly oscillating, with 4500-4570 as the range for high selling and low buying, light positions with strict stop-loss,
Intraday trading ideas,
Long positions, pullback to -4510-4500-stabilize with light positions and stop-loss, target -4570, within the range
Short positions, rebound to -4560-4570-pressure can be lightly shorted with stop-loss -4585, target -4520-4500 range, if broken above, break above 4570 to see 4600+, if broken below -4490 to see 4450- range,
Technical analysis for reference only!