Gold Spot / U.S. Dollar
Updated

Compound interest within the golden range

120
Gold surged to 4118 yesterday, then fluctuated during the European session before falling rapidly during the US session. Today, the Asian and European sessions continued the bearish trend from yesterday's US session, but after falling to a low of 4170, it rebounded quickly. Currently, both bullish and bearish trends exist. Today, shorting at higher levels and going long at lower levels can be considered.

Overall strategy: Given the current range-bound trading, maintain range-bound trading for now. Further updates will be provided.
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