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6.8 Gold Evening Review
The market hits a new low again, and the bearish trend continues 💡
The midday warning indicated a generally bearish outlook, gold prices traded sideways around 4315 before continuing to decline, with the lowest touching 4268, now quoted at 4314. The 4310-4320 zone has now become a strong resistance, and the short-term rebound is only a technical correction; the downward trend has not changed.
Trading idea: Sell in batches on rebounds around 4310-4330, target 4275, and if broken, look at 4250. #黄金