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Gold Market Brief
Precise control of oscillation rhythm, be cautious of a breakout tomorrow! Yesterday's gold daily candle closed as a doji star, with the market oscillating entirely within our predicted range of 4600-4700, and our forecast was accurately fulfilled.
Practical trading gains were substantial, with long positions at 4647, 4680, and 4656 all profitable. After ending a 13-trade winning streak, we secured another 3 consecutive wins, demonstrating excellent rhythm control. The doji star indicates a balance between bulls and bears; today, expect range-bound oscillation with strong resistance at 4700-4706.
By 8 a.m. tomorrow, Trump's warning to Iran will expire. After today's digestion of oscillation, a large directional move is highly likely tomorrow. Technical rebound momentum is waning; breaking below 4600 and 4553 could trigger a deep decline.
Key Price Levels
Support: 4640, 4600; Strong Support: 4553
Resistance: 4700-4706; Waterline: 4700
Operation: Follow the trend, avoid contrarian bottom-fishing or top-picking
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