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Gold 6.24 Daily Trading Strategy
Currently, gold is in a short-term bearish dominant pattern: hawkish Federal Reserve boosting the dollar, Middle East tensions easing and suppressing safe-haven demand, forming a double negative; technical analysis on daily and 4-hour charts both show a downward trend, with this week's PCE data being a key variable
⚠️ After oversold conditions, it is very easy to hit new lows again
-Next steps
Short around 4100 on rebound
Long on pullback to 4030/35