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Gold:
On Monday, it opened low and then moved higher. Trump's remarks had a significant impact. From a technical perspective, last week's high around 4600 still faces considerable selling pressure. At this point, we must avoid rushing in; the risk of chasing longs remains high. The overall range-bound oscillation remains unchanged, mainly fluctuating within the 4580-4360 zone, with a pattern of shorting at high levels and buying at low levels, dominated by box-range oscillation!
Refer to the 4546-60 zone for potential shorting, look for a rebound around 4620, and watch the 4450-4380 zone. After a bottom is confirmed, expect a small rebound of 60-80 points!
That's all for now. Gold traders should focus on proper risk management, mainly trading within the range! $ETH $BTC $XAU