Jin Dachuan 3.24 Gold Morning Analysis
Although gold prices rebounded slightly in early trading, it is a weak recovery after a sharp decline, not a bullish reversal. The rebound encountered resistance near 4510 and fell back. The upper side is burdened by trapped long positions, and the bearish pattern remains unchanged. The rebound is merely a bull trap washout. The Asian session today is still expected to fall, with rebounds for shorting.
From a short-term trend perspective, 4450-4500 is today's core resistance zone. The 15-minute MACD death cross has formed, and bullish momentum continues t
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