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7.28 Early-session forest-wood analysis
Overnight gold surged and then pulled back; near-term momentum has clearly weakened. MA5 and MA10 have formed a bearish cross and are pointing downward. The current move is a typical technical pullback/repair demand. There is heavier sell pressure around the 4,080 area line; the main players are using narrow-range consolidation to “support and control” a shakeout. After the rebound loses strength, it will continue to break down further.
Da Huang: rebound to around 4083-4097 to place calls/scalps; targets are around 4058-4043.
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