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#XAUUSD #GOLD
Gold fell more than 240 points today, a significant drop.
Clearly, such a sharp decline is due to profit-taking by gold bulls.
The 4300 level is a short-term psychological support level.
If gold holds above 4300, it may reverse the downward trend.
We can establish long positions around 4300-4310.
If gold breaks below 4300, the downtrend will continue.
Downside support levels: 4280-4260.
The gold market is highly volatile today. I suggest everyone remain patient and wait for the right entry point.
Don't blindly chase the rally; wait patiently.
$XAU
{future}(XAUUSDT)
#BTCVSGOLD
Round 2 tonight! 🔴
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