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XAU gold continues to decline sharply, our previous short positions at 4800/4750 have reached around 4200 now, with short-term support at 4150, if broken, continue to look bearish, with support at 3850 below, if broken, look at 3550, when first encountering support nearby, you can go long, with a stop around 20 USD below. Prevent spike traps. If 3500 breaks down, then a big crash is coming, gold will enter a deep consolidation phase, and 2800/2000 is also possible.

A few days ago, I mentioned that U.S. bond yields have already broken 5%, and a global financial tsunami is imminent, a financial crisis will also occur. It’s a matter of time; securing profits is very important. Holding cash in spot markets is what you need to do most now. Later, it’s all about picking up the pieces; bankrupt assets and cheap assets are what you should focus on. Stay close to the community, dance with the big wave of finance. #现货黄金跌破4200美元