In early trading, gold prices are consolidating in a high range. In the afternoon, the low once again tested around 4084 near the early-session low. However, as the market slowly fluctuates, the short-term low of $4,083 is now more certain. The market is waiting for a catalyst from the news to price a directional move.



Afternoon actions: The northbound position opened around 4089 in the morning can be continued to hold. The stop-loss at 4082 and the target at 4105 remain unchanged! $XAUUSD
XAUUSD1.06%
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BTCDCA
· 29m ago
Can 4083 hold? It feels like it’s going to break further.
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GalaxyExplorer
· 32m ago
Actually, the long-versus-short battle is quite intense right now. Technically speaking, 4083 is a key support level; if it breaks, it could lead to a drop to 4060. Before the Non-Farm data comes out tonight, it’s best to stay cautious.
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