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4.20 Bole Lunchtime Analysis
The Middle East geopolitical situation continues to cause disturbances, with the market experiencing intense battles between bulls and bears. Gold prices fluctuate widely at high levels, and the volatility has weak continuation.
In the early trading session, gold opened lower, probing around 4744 and stabilizing to rebound. During the Asian session, it surged to 4814 before facing resistance and falling back, returning to a volatile pattern in the short term. Focus on key support and resistance signals during the European and American sessions, and beware of repeated shakeout market conditions.
Key Range
Support: 4730-4750
Resistance: 4815-4830
Trading should mainly follow the range-bound strategy, with quick entries and exits in small positions, strictly setting stop-losses, avoiding blindly holding positions, and responding rationally to market fluctuations.