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Gold recently plummeted below 5000 to 4996, then rebounded to 5130. The key point is whether 5100 can hold.
If it breaks below, watch 4960-4890; combined with four-hour and non-farm data, gold has bottomed out, and the outlook is bullish.
In terms of trading, buy gradually on dips at 5050-5080-5100, and wait for a rally.
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