This is a perspective that will benefit you a lot

Many times, the market has its own rules to follow. As long as you have enough experience, surviving in the market and having the last laugh is not as difficult as you think. If you can't do it, just follow someone who can and let him lead you.

This is the gold 30m chart. I have shrunk it a lot. It is not difficult to see from the chart that it is currently at a high level, and it is a historical high. The reason why it has reached this position is more due to the impact of the news.

Now this tense situation has gradually eased. In such an environment, a fall in gold prices is actually an inevitable phenomenon.

Always remember one sentence, when things go to extremes, they must reverse. This applies to any environment. Everything has a limit. Beyond the limit, there will inevitably be a turning point. This is the truth of life, and it also applies to trading. Because trading is done by people, there is no way to escape from this circle.

Putting this aside, the technical form now also needs a major level of repair. In the 1D chart, MACD has formed a top divergence and is about to form a dead cross.
In this case, as long as there is no big news that is beneficial to gold bulls, such as wars, disasters, etc, its decline is a high-probability event and does not require too much consideration.

This large-level trading trend is what we need to focus on, because once the trend is formed, it is possible to fall below 2100 or even 2060. Such a large space is enough for us to make a big profit.

If you understand my point of view and can understand it, I think you now know what to do. If you don't understand, it doesn't matter. Leave me a message and I will give you the answer.