Gold, Morning Analysis



Since breaking below 4400 last week, the price has rebounded over 200 points, which is why I remain bearish but do not chase the short. Currently, gold has stabilized at the 4500 support level. As long as the price stays above this support, it can continue to move north.

Bullish above 4500, with a target of 4700.
XAUUSD-0.41%
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