Today's long position within the 2652-2646 range has been successful—congratulations to those who followed my strategy!
In trading, identifying strong signals is critical to profit. Without it, the market can be unforgiving.
Currently, the bulls are in control, but as soon as momentum shows signs of weakening, it will be time to shift focus and prepare for a short position. Stay vigilant and ready to act when the opportunity presents itself.
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2668 is currently the highest point for gold, and it seems a breakthrough is quite challenging. For now, sell a small amount. If it reaches 2670-2680, we will increase our selling size. Our target is 2655-2648
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The support is very strong. Now gold has risen to 2680. Add short positions.
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From the current pattern, gold is likely to decline soon. The key factor is the current resistance; as long as it doesn't break through quickly, the longer it consolidates here, the more favorable it becomes for the bears.
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