Sell ​​gold: A rebound may present new shorting opportunities!

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Sell ​​gold: A rebound may present new shorting opportunities!GoldOANDA:XAUUSDRay_ChartGold's failure to hold above 4600 during the rebound indicates that the current rally is not yet a reversal, suggesting a lack of confidence among bullish investors and a potential return to low market sentiment. Furthermore, as DXY and USOIL gradually rise, they also exert some downward pressure on gold. From a structural perspective, gold is currently weak, and market sentiment is insufficient. There may be room for further pullback after the rebound. After gold prices came under pressure and fell back, the current resistance level has shifted down to the 4560-4580 area. Therefore, a rebound in gold prices may present new opportunities for short selling. Gold is likely to see a pullback after a short-term surge: Short-term technical support: 4500-4480 / 4450-4430; Short-term major resistance: 4560-4580 / 45630-4650 Therefore, in the short term, I plan to prioritize shorting gold in the 4560-4580 range.