#GOLD is currently fluctuating between 4520 and 4580.

#GOLD is expected to break through 4580 and test the 4600 resistance level.

If it successfully breaks through the 4600 resistance, gold will continue its upward trend, with the next target (resistance level 4680-4700).

However, if gold fails to break through the 4580-4600 resistance, it will retrace near the resistance level.

We can establish short positions around 4580-4600, with a target of 4500-4520.

A break below 4500 would see the next support levels at 4480-4460, or even 4400.

If it breaks and holds above 4600, the shorting strategy will be invalidated.

Wait patiently for the right opportunity; do not enter the market rashly.

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Good luck! $XAU $XAUT

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