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Gold intraday rebound around 5218, consider shorting
Yesterday, gold experienced fluctuations between gains and losses, mainly showing wide-range volatility. Our short position at 5196 from yesterday morning was quite accurate, and we gained from it. For today, continue with this approach: if the price faces slight resistance and rises, watch for resistance around 5218, with a stop at 5232. Look for support near 5155; if broken, the decline may continue to 5100/5070. Be mindful of risks.
Short around 5218, stop loss at 5232, take profit at 5155 and 5100
The above suggestions are for reference only; actual trading decisions should be based on real-time analysis.