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April 6th Midnight Gold Review: Gold surged and faced resistance, then slightly pulled back, still maintaining a bullish outlook
A market with both gains and losses is healthy. Finding the trend amid fluctuations is what traders should focus on.
In the evening, gold prices faced pressure near the 4700 round number and continued to pull back. However, the overall pullback trend remains weak. The overall direction still favors a bullish trend. During such times, we should control ourselves, avoid frequent trades, and patiently wait for the market to pull back before entering positions.
After midnight, the next support level for gold is around 4645. Given that the current oscillating upward trend has not been broken, it’s a good idea to buy on dips. Therefore, I think taking a long position at 4645 support is a good choice. Set a stop loss 10–15 USD below, with targets at 4700–4720.
Note: The article is time-sensitive; market conditions change rapidly. Do not operate blindly. The above is purely personal sharing and does not constitute any investment advice. Investing involves risks; profit and loss are your own responsibility! Manage your positions carefully $XAU #黄金 #Gate广场四月发帖挑战