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Jin Da Chuan 2.24 Gold Strategy
The market was pressured at 5250 and then rapidly dropped with a spike. The intraday bearish trend remains strong. Currently, the strategy is to use the previous low of 5120 as support, focusing on buying on the right side after stabilization! Rebound around 5200 faces resistance; short positions are secondary!
Remember not to blindly chase after dips or buy on rallies! Use stop-loss to protect profits, and if the level breaks, continue holding!