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Zlonce

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Active for: 0.7y
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Seek stability while striving for victory
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Weekend pumps warrant some suspicion, as they can easily be traps. However, our long position is around 82,500. The point shown here in Figure 1 is a spring point, so taking a short-term short position to hedge profits would be appropriate between 84,638 and 85,288. The stop-loss should be above 85,888; setting it at 86,300 would be most appropriate.
Our 82,500 long position does not need to be closed. We should add to it when the price retraces to a suitable level, targeting a rise to 90,000.
Tonight, set a short order at 84,638, stay alert for a low-volume weekend pump, and be mindful of the
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Gold Weekly Outlook (October 5–October 9)
Overall market liquidity is relatively weak this week. Core gold view: two-way consolidation with a weak structure; downside risk is concentrated midweek, while price recovery opportunities may emerge in the latter half of the week as liquidity returns to the domestic market.
Daily Market Forecast
1. Monday
Trading range: $4,111–$4,205, expected close at $4,135–$4,138
Logic: Resilient demand in the services sector remains, while costs stay elevated; coupled with the closure of the Chinese and South Korean markets, any rebound is unlikely to develop
GLDX+0.42%
PAXG+0.20%
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Slow is fast, fast is slow
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