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#美国消费者物价指数发布在即 Wave fluctuations make it hard to discern the direction, but gold at the 4600 level is rebounding as expected and stabilizing.
During the midday session, gold tested the 4580 support multiple times and was supported each time, then began to rebound. Currently, gold is in a range-bound oscillation, and the short-term trend is not yet clear. It may be prudent to consider taking profits and exiting. Once the evening US dollar data is released, if the gold price pulls back, the support levels will still be good entry points for positioning.
From an hourly perspective, gold is moving back and forth within a large range, with 4580 serving as a clear support platform. As long as this key support holds during the US session, there is room for an upward move; conversely, if the gold price can quickly stabilize around 4600, the short-term momentum will be stronger. Once momentum is built up, breaking previous highs is almost certain.
Market movements are fleeting, and short-term minor adjustments cannot fundamentally change the mid-term bullish trend. There’s no need to doubt the overall upward trend of precious metals just because of a few days of pullback—stick to your trading logic and go long when appropriate.
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