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The oscillation remains slightly bullish, and gold continues to dip for further long positions!
In the early trading session, gold prices fluctuated narrowly around 4790, with the lows gradually rising, short-term stabilization and recovery, overall still leaning towards strength.
Although risk aversion sentiment has cooled somewhat on the news front, the weakening dollar combined with rate cut expectations still support gold prices, with limited downside space, and dips are still being absorbed by funds.
On the technical side, multiple tests of the 4770 level without breaking it have formed a strong short-term support, and a stop-loss signal has appeared on the 15-minute chart; dips are opportunities to go long.
Long position zones:
Try small long positions around 4785–4790
Gradually build positions in 4775–4785
Add on dips in 4765–4775
Watch for extreme stabilization near 4755
Target 4820–4830, and continue higher if broken! #现货黄金
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