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Gold (XAU) Market Analysis:
Yesterday, gold surged all the way up, reaching a new high of 4724.44 in May before experiencing a technical correction! Today, the market shows signs of replicating yesterday’s trend, with gold opening higher at 5.7 and currently steadily climbing, MACD green bars expanding, and the downtrend dominating. There’s a high probability of further upward movement, with the current level around 4717. Let’s tentatively target 4800 today; a breakthrough could challenge the 5000 level!
For intraday trading, An'an recommends following the trend to buy, paying attention to news influences. A slight pullback is not a cause for panic. The target is 4800! $XAUT #Gate广场五月交易分享 #美股加密概念股走强 #稳定币储备下降 #美债收益率破5%