Gold has broken through a key support level, with the moving average death cross pointing downward, establishing a downtrend. The price is currently testing the previous support around 4230.



In terms of trading strategy, you can wait for a rebound to the 4300-4320 region to encounter resistance, then decisively short. The first target is 4230, and if that breaks, look further down to 4150.
ETH5.87%
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