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On the journey of life, we are all running, constantly striving to surpass others while also being surpassed. The value of life lies in appreciating the scenery along the way, steadfastly moving toward your goals; walk your own path, see your own landscape, do not be arrogant when surpassing others, and do not be discouraged when overtaken.
Golden March has experienced intense fluctuations, with fierce battles between bulls and bears. Influenced by relevant policies, international situations, and exchange rate fluctuations, the market has shown obvious ups and downs. After a correction from a low point yesterday, it rebounded, reaching a high of 4580, and this morning surged to 4620. The past two days have seen significant volatility, with short-term dips followed by rebounds, the trend is warming up, and it has stabilized above the 4500 support level, indicating a gradual recovery in the short-term trend.
Currently, the resistance above is at 4620. An upward move requires consolidation; the key support below is at 4540. If this level is broken, the rebound pace may slow down.
Trading Suggestions
A pullback to around 4540-4543 can be considered for a long position, with a stop loss at 4530, targeting 4580-4600.
If it rebounds to around 4610-4615, consider a short position, with a stop loss at 4630, targeting 4580-4560.
$XAUT