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#6.3 Gold Evening Briefing
The gold price on the white chart surged to 4496 but faced resistance and declined, then quickly rebounded after dropping to 4438 and stabilized above the 4460 level.
4438 becomes a short-term key support level; as long as this point is not broken, the market maintains a sideways to bullish pattern.
Tonight's focus is on the small non-farm ADP data: weak data favors a stronger gold price, while strong data puts short-term pressure on gold.
Geopolitical safe-haven demand provides a floor, limiting deep declines, and increased market volatility is observed.
Short-term indicators show bearish momentum converging; consider low-buying opportunities based on support levels.
Reference strategy: Pull back to the 4445-4455 range to attempt long positions, targeting 4500-4520, with a stop loss at 4438.
#黄金#
Warm reminder: The content is only a personal review and does not constitute any investment advice.