1. Intraday high at $4203, low at $4136.18, has broken below the key support of $4150.


2. Trend judgment:
On Monday, the Asian session rebounded to $4200 and then fell. The European session continued to decline. After breaking below $4150, the previous three-day rebound came to an end. Tonight, it is likely to show a downward adjustment trend.
If the $4200 level (today's high) is not effectively broken, the rebound space is limited, and the overall trend will be mainly downward adjustment.
3. Key levels:
Resistance: $4200 (today's high, if not broken, rebound is weak).
Support: $4100, with strong support below in the $4080-4050 range.
4. Trading reference:
For short-term trading, you can try short positions lightly at $4200, with stop loss at $4210, targeting $4100-4080.
If it unexpectedly breaks above $4200, you need to adjust your thinking and observe the resistance at $4230.
In the $4080-4050 range below, you can consider lightly trying long positions, with stop loss at $4040, targeting $4150.
5. Risk warning: The above are personal opinions and do not constitute trading advice. The market is affected by factors such as non-farm payroll data and Federal Reserve policies. Position size and stop losses must be strictly controlled. $XAUUSD
XAUUSD-1.53%
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