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Enze: Hundred-point profit secured! The bullish trend is clear, mainly buying on dips.
Gold has once again surpassed 5000, and the dip around 4930 given yesterday has already gained over 100 points. The upward momentum is likely to continue in the early session. Focus on the strong resistance around 5080-5120; a breakout could lead to further gains.
Trading Suggestions:
Gold: Buy around 5000-5030, with a stop loss below 4980, aiming for 5080-5120.
Reminder:
The above analysis is Enze's personal view. Markets are ever-changing, so please rely on Enze's actual trading for confirmation!