Gold, if based on yesterday's chart that broke below for a short position, there is already some floating profit. Move the stop-loss down to breakeven and continue holding the position, with a target of 4260. If you have no position, do not chase the rebound with a long; instead, wait for the rebound to encounter resistance before shorting. A better entry point might be around 4480, with a stop-loss above 4500.

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