$XAU Gold has recently pulled back from high levels, now stuck at 4680, unable to move up or down, it's really frustrating! The Federal Reserve says no rate cuts, the dollar is strengthening, and gold prices are being pressed down to the ground, but the central bank is still buying gold, so it can't fall much further.

Currently, all moving averages are in a bearish alignment, rising gets smashed down, KDJ has turned but there's no volume in the rebound, resistance above at 4700-4730, and support at 4655 is uncertain whether it can hold.

At such times, don't blindly chase gains or sell off; just trade within the range. For those looking to go long, wait for a rebound to stabilize around 4660, and if it breaks below 4645, exit immediately; for those wanting to short, wait for a rebound to around 4710 before shorting, and if it goes higher, accept the loss. Play with small positions, don't go all-in, gold is volatile, and setting proper stop-losses is the key. $BTC $ETH #Aave联合多方启动rsETH全额资产修复计划 #以太坊基金会解质押约4890万美元ETH