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4.10 Gold Afternoon
After spiking to 4799 in the early morning, it continued to decline. The downward channel weakened, and bullish momentum was completely exhausted. The large-scale bearish structure is clear, and any rebound is a short opportunity.
But it needs to be clarified: this round of decline is a continuation driven by profit-taking after the spike combined with data expectation suppression; it is not a short-term pulse. At high levels, do not blindly chase longs.
Trading suggestions
Gold: Keep a high-short mindset while staying within the 4775-4810 range. Targets are 4680-4645. If it breaks down, look lower at 4600#加密市场回升 #大摩比特币现货ETF上市 $XAUT