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Gold, continue watching 4700
Gold took a sharp dive yesterday, with basically all financial products declining. Gold, silver, and oil fell in sync, causing market panic. After the third wave of long accumulation, the long position is showing initial results.
In this situation, a rebound after a sharp decline is inevitable. Currently, the 4500 support level below has held, and with price stabilizing at this support, the northbound wave should continue targeting 4900.
Long near 4653, targeting 4750.