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6.9 Gold Market Outlook
After non-farm payroll data far exceeded expectations, gold prices plummeted sharply, dropping over two hundred points from the high near 4520, with the market weakening and unable to recover, currently oscillating around 4330 at the low end.
In the short-term rhythm, after the sharp decline, the downward momentum has temporarily slowed, only slightly consolidating and repairing at the low levels, and the overall downward trend has not reversed, with rebound strength being relatively weak.
Regarding operations
A rebound in the 4350-4370 range can be lightly positioned, first watching the 4320-4290 range, and if broken, looking at the previous low. $XAU #美股AI概念股普涨