#黄金
Gold stalls and lingers, showing signs of weakness! Could this really be the top already? The shorting opportunity at the 0.618 level may be going to waste!

$XAU On the smaller timeframe, there’s even an indication of consolidation. Does this mean the rebound has already reached its target?

Earlier, I was thinking this leg could rebound directly to the 0.618 area. If it could rebound straight there, it would undoubtedly be a great entry point for a short position to capture the pullback. But it doesn’t seem like it will get there!

Pay attention to support around 4300 below; if it breaks, the rebound is over and the market can return to a consolidation phase! $XAUT