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Yesterday, gold oscillated and consolidated within the 4310-4450 range. We repeatedly positioned for shorts near the 4450 high, with multiple short orders all closed profitably with precise timing and rhythm control!
From a technical perspective, on the four-hour timeframe, gold has rebounded from the 4124 low and formed three consecutive bullish candles for recovery. The current price has bounced back to around 4482, now facing resistance from near-term moving averages. On the daily timeframe, after the large bearish candle breakdown, price remains pressured below multiple moving averages, with the overall bearish structure intact. The current rebound is merely a technical correction following the decline, and our core strategy remains unchanged: maintaining short positions at higher levels.
Gold Recommendation: Short positions around 4500-4530, targeting 4430-4330 on downside, with a break below that level targeting 4180#Gate正式接入Polymarket $XAU