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# Gold - Morning Analysis
Last Friday, we targeted 5030, which experienced a sharp decline that day. The price bottomed out below 5010, hitting a precise take-profit. This week, the overall trend remains bearish, with the key levels to watch for.
Resistance is concentrated around the 5250 level, where a direct short can be taken. According to the daily chart, the price needs to fall to around 4900 to complete the move. Just go for it.
Short around 5013, with a target of 4930. At the target level, you can reverse to a long position.