Recently, gold surged to around 5419 before starting to pull back, then plummeted on Tuesday, with a low of 4997. This pattern is consistent with previous declines last year, which showed a technical pattern of falling near the middle Bollinger Band on the daily chart, followed by repeated tests and trend reversal leading to an upward move. Currently, the close is at 5141, with the rebound nearly retracing half of the decline. It is basically confirmed that this round of adjustment is complete, and a cyclical upward trend has begun.
The daily chart has already closed positively, indicating a s
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