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Gold, Morning Analysis
Yesterday, gold first declined then rose, a common market trend of range-bound oscillation. I didn't post a blog yesterday due to other matters, nor did I give any hints in the live trading. Starting today, I will begin to position.
Today, gold continues to move north mainly, with room and demand for further upward movement. Although bullish, there is currently a need for a pullback. Support is at the 4280 level; after a dip, rely on this support to move north again.
Go long around 4293, targeting 4400.