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4.24 The Fourth's Morning Gold Trading Ideas Share
Thursday's gold rebound fluctuations are like a roller coaster, always failing to stabilize above the key resistance of 4750;
After dropping to 4665 at the end of the session, it quickly rebounded, overall just a shakeout and consolidation, do not chase the rise or sell in panic.
Currently, the bullish momentum is clearly lacking, the upward continuation is weak, and the market faces heavy pressure, likely to continue the weak decline during the day.
News: The Federal Reserve's hawkish remarks continue, rate cut expectations are pushed back repeatedly, the dollar and U.S. Treasury yields are rising, and multiple bearish factors are suppressing gold prices.
Trading suggestion: Gold stabilizes around 4660–4675 on the pullback, go long with a stop loss at 4650, short-term target 4720–4740, take profits in batches. #现货黄金