Technical analysis of gold Daily resistance 2470-84, support below 2446 Four-hour resistance 2470, support below 2446-34
Gold operation suggestions: Yesterday, the technical side of gold ushered in a roller coaster trend of long and short wide fluctuations in volatile trading, stabilized and rebounded near 2430, and the overall price formed a long and short wide fluctuation rhythm around the 2430 mark. The short-term bullish strong dividing line focuses on the 2430 line. The daily level stabilizes above this position and continues to maintain a strong bullish pattern.
From the current market trend, today's lower support focuses on 2430-35. Intraday retracements rely on this position to continue to be bullish. Short selling must set a stop loss to prevent unilateral rise.
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