In the early morning, international gold dropped nearly 400 points and then rebounded from the trend line support level. This sharp drop is a technical correction of the bullish trend triggered by liquidity sweeping.

Focus on the critical support level of 5280, as its loss or gain will dominate the short-term trend rhythm:

If this support level stabilizes effectively and leads to a price rebound, the bullish pattern may continue, and one can easily go long near the 5280 range, targeting around 5480;

If this support level is lost, the short-term upward trend will be weakened, and the gold price is likely to trigger a deeper correction. #代币化白银热潮 #黄金比特币联动行情能走多远？ #Tether买黄金净赚50亿美元 $XAU

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