Old He Talks Gold: Gold Midday Market Analysis



On the news front, current global market risk sentiment remains stable, with major US stock indices rising slightly, suppressing safe-haven buying.

From a technical perspective, the 4-hour gold price is trading between short-term moving averages, with the moving averages converging and intertwining, indicating a balanced battle between bulls and bears.

Trading suggestion: Consider short positions around 4545, targeting 4510/4470.

Old He declares: The above content is for personal reference only #现货黄金
GLDX4.06%
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