Gold 4582 profit-taking is good, still watching 4625/4645 resistance



Intraday gave a low of 4582 for a long position, very accurate. After entering the long, the gains are also good. The target remains unchanged, focusing on the resistance at 4625 and 4645. Currently, there is nearly 40 points profit. Reduce positions to secure profits, and watch whether 4625 is broken. If broken, then look at 4645. The key resistance depends on the breakout of 4645. Once broken, there is potential to surge again towards 4680-90. Maintain a bullish outlook, but proceed with caution.

Those holding long positions should continue to hold, while those with no positions or adding positions can continue to buy around 4600-4606 tonight, with take profit at 4645.

The above suggestions are for reference only. More trading decisions should be based on actual market operations.

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