The US session is approaching, strategy update, please check.

어제

Gold is relatively stable on the 4-hour chart, basically oscillating within a small range. The price encountered resistance near 4150 as we mentioned, pulling back to test the 4120 area. Currently, the price is repeatedly testing this level. Today, the key focus is on the 4150-60 resistance area. Before a breakout, it's better to short than to chase the price higher. The two most crucial support levels for gold are around 4120-15. If it holds above this level, gold will likely maintain a consolidation and upward trend today. For trading, you can gradually buy long positions in small batches above the support area. The US session is likely to see a breakout from this small range.

Now let's review our Asian and European session operations. We decisively bought long positions near 4120 at the open, successfully entering four positions in total, including both long and short positions, all of which were profitable. You can check our historical recommendations to verify their accuracy. Many friends don't understand why we placed short orders today when I previously stated the overall trend was upward. We've consistently emphasized against chasing rallies before resistance levels are broken. For example, during the Asian session, we accurately identified the resistance around 4145-55 and chose to short at that level, ultimately selling for a profit at 4126. Even in a bull market, prices don't rise indefinitely; after a surge, there will always be a pullback. Precise technical analysis is crucial, especially for short-term trading. We recommend shorting in batches at resistance levels, carefully managing positions to ensure profits, and going long at lower prices.

During the US session, we must seize every opportunity to buy on pullbacks. If you're unsure about executing trades precisely, try my method: first test the market with a small position, then add to the position during pullbacks. This way, you won't miss any opportunities. If you're truly unsure when, where, and how to operate, follow me and strictly adhere to my signals. This will make it easier to recover losses or double your profits!

어제

액티브 트레이드

Gold failed to break through the $4150 resistance level three times, turning lower during the US trading session and breaking through multiple support levels. Our article specifically reminded readers that shorting was possible at the $4145-55 resistance level, but chasing the price higher at this level was not advisable. Currently, gold prices have touched the $4100 mark, and we recommend buying at $4090-$4100. More conservative traders can wait for the price to stabilize before entering the market.