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How to proceed on the first day of June!
The gold price opened slightly lower in the morning session, then fluctuated and rebounded, lacking a clear short-term directional trend, and generally maintained a range-bound consolidation.
Key support below is 4512–4515, with short-term resistance above at 4555–4558.
Trading references
1. If it dips to 4515–4520 and stabilizes, consider a small long position, stop loss at 4510, target 4540–4560;
2. If it rebounds to 4560–4570 and faces resistance, consider a short position, stop loss at 4580, target a pullback to 4530–4520;
Prioritize range-bound trading within the day, avoid chasing rallies or panic selling, and strictly manage risk. #黄金##现货黄金#