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London Gold 1-hour market analysis!
#TradFi交易分享挑战 London Gold is currently at a key point of a rebound hitting resistance—bulls and bears are locked in a tug-of-war. Today is a U.S. holiday, liquidity is relatively weak, and price fluctuations will be more frustrating. In the short term, the intraday range is likely to be -4500 to 4580. Main idea: short rebounds as the primary approach, with small-position longs at lower levels as a supplement.
If the rebound comes under pressure in the 4570-4580 range, lightly short with targets at -4530-4500 and the range -4530 to 4500.
For a long setup: if it pulls back to -4530-4500 and then stabilizes, lightly go long with targets in the -4570-4580 range. Technical analysis is for reference only and does not constitute investment advice!