Gold prices have surged recently due to safe-haven demand, reaching around 4600, a previous consolidation level. This presents a shorting opportunity. The key resistance level to watch is 4650. Trading suggestion: Enter a short position at 4600, with targets at 4500 and a final target of 4650.
Gu Jingci: Gold Trading Strategy for August 21st with Market Analysis
2026-08-21 09:26:01
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