2026-04-09 00:55:11

Gold, Morning Analysis

Yesterday, longs around 4770, and the gold price initially rose to around 4800. After reducing positions at 4800, the price did not continue upward; instead, it broke below the 4750 support level, leading to an exit.

Currently, the gold price has fallen to around 4700. The next step is to find support and move north. 4670 is the support level; continue to go long.

Long around 4703, target 4800, and for the swing, look at 5050.

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