Gold 6.3 Morning Analysis


The early session dipped to 4462.34 for a bottom and rebounded, current price 4485, previous support turned into resistance, the overall trend is bearish, and the rebound is only a short-term correction.
Short: Enter at 4490, stop loss above 4500, initially watch 4460, if it continues to fall, look towards below 4450.
Short-term long: Stabilize at 4475 to go long, stop loss below 4470, target 4485-4490, if broken, look towards above 4500+.
Remember to control risk with stop-loss. #黄金
XAU-4.54%
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