FXStrategist_Daniel

Gold has fallen slightly from its historical high, mainly due to the rebound of the US dollar and the improvement of global risk sentiment. However, the downward space for gold prices is limited. Market concerns about a possible US government shutdown and its economic impact, coupled with strong expectations that the Federal Reserve will cut interest rates again this year, continue to suppress US dollar bulls and provide key support for gold prices. In addition, ongoing trade tensions and geopolitical risks have also consolidated gold's attractiveness as a safe-haven asset. Under the interweaving of multiple fundamental factors, the gold market is seeking a new directional breakthrough. From a technical perspective, gold prices reversed strongly yesterday with a large bullish candlestick, completely recovering the previous day's losses and hitting a new high, indicating that market buying sentiment is still strong. However, after violent fluctuations, prices showed signs of stagflation at high levels, indicating that momentum may weaken in the short term, and the market may enter a high-level shock stage to digest the gains. It is expected that the previous unilateral pull-up will come to an end, and will be replaced by a wide range of consolidation within the range, but the risk of sudden violent fluctuations still exists. In terms of operation, it is recommended to focus on low-level longs after a correction, and be wary of the risk of chasing highs. The key resistance area above is the 4300-4320 line area. If it breaks above effectively, it will open up greater space; the short-term support below is the 4245-4230 area. If it stabilizes after falling back to this area, it can be used as the main reference for long entries. If it breaks down strongly, wait patiently for the 4210-4200 area to arrange long orders again.The last hurdle in trading is human nature. Many people have mastered a lot of technical knowledge and even have a good trading system, but they are still unable to make stable profits. The reason is that they are trapped by the one-sidedness of the system and ignore the underlying logic and deeper influencing factors. Trading is not just a technical issue, but also a cognitive issue. Truly mature traders must know what they are buying and selling every time without any ambiguity. They must carefully analyze the current market trends and judge whether they are in line with their own profit model. If they are in line with it, they will execute it. If not, they will wait patiently. The key to trading is not how to seize every opportunity, but how to control their own hearts and steady their hands. When the opportunity truly belongs to them, they must act decisively without any emotional fluctuations. Only in this way can they achieve truly stable profits.If you do not have the ability to respond flexibly to the market in trading, nor are you good at adjusting your trading thinking and rhythm in time with the market rhythm, you can pay attention to the bottom notifications for more specific operation details and strategy updates. Let us pursue more profits flexibly and stably in the unpredictable market!

If gold continues to trade sideways below 4350 during the European session, from a technical point of view, the price of gold is facing a critical decision after touching near 4350. This position is an important psychological barrier in the near future and the high point of the previous rebound, constituting a strong short-term resistance area. The price has been suppressed upward many times near 4350, indicating that the selling pressure is concentrated here. If the gold price cannot effectively break through, it is likely to form a double top or a stage top pattern, triggering a technical correction. Therefore, consider entering a short position around 4350-4340, a classic strategy for anticipating resistance and a price pullback. It is recommended to set the stop loss strictly above 4360. Once the price breaks through and stabilizes at 4360, it means that the short-term resistance is invalid, the upper space is opened, and the original short-selling logic is no longer valid. At this time, you must decisively stop the loss and maintain trading discipline. In terms of downward support, 4320-4310 is a short-term key support platform, which is also the low point of the previous correction. If the gold price falls smoothly from below 4350, this area is expected to become the first test target. If it breaks down effectively, further attention will be paid to the important support area of 4300-4280, and long opportunities will be evaluated in this area. Overall, gold is currently in a critical stage of direction selection and may usher in a period of volatility amplification in the short term. Brothers must remain calm, strictly control positions and risks, and do not blindly chase orders or operate against the trend. The market does not rely on impulse to make profits, but on rhythm, execution and patienceThe last hurdle in trading is human nature. Many people have mastered a lot of technical knowledge and even have a good trading system, but they are still unable to make stable profits. The reason is that they are trapped by the one-sidedness of the system and ignore the underlying logic and deeper influencing factors. Trading is not just a technical issue, but also a cognitive issue. Truly mature traders must know what they are buying and selling every time without any ambiguity. They must carefully analyze the current market trends and judge whether they are in line with their own profit model. If they are in line with it, they will execute it. If not, they will wait patiently. The key to trading is not how to seize every opportunity, but how to control their own hearts and steady their hands. When the opportunity truly belongs to them, they must act decisively without any emotional fluctuations. Only in this way can they achieve truly stable profits.The gold trend in the past two days can be described as a typical market situation of high-level back-and-forth washing. Yesterday, the bears were strongly countered by the bulls, and today the bulls were quickly suppressed. The fluctuations were severe and the pace was fast. But precisely because of this, the market truly tests the traders' reaction and execution capabilities. After gold broke through the key position, we decisively changed our thinking at the first time and successfully grasped the rhythm of the long-short conversion. The lowest point even exceeded the expected target, and the strategy verification was once again accurate. Faced with such market conditions, only by making plans in advance and strictly implementing strategies can we maintain a steady rhythm in the ever-changing trends and not be swayed by market sentiment. We are not people who follow the market, but executors who lead the rhythm. Every switch between long and short is a manifestation of discipline and judgment. Brothers, you must understand that the more intense the market shakeout, the more opportunities there will be. But the prerequisite is that you must have a plan, risk control, and rhythm, and seek victory in stability and advance step by step. Only then can you truly hold on to profits, rather than letting profits slip away in fluctuations. The gold market is still in a high volatility stage. Next, as long as you keep up with the rhythm and execute rationally, you will not miss the rhythm of profit. If you do not have the ability to respond flexibly to the market in trading, nor are you good at adjusting your trading thinking and rhythm in time with the market rhythm, you can pay attention to the bottom notifications for more specific operation details and strategy updates. Let us pursue more profits flexibly and stably in the unpredictable market!

Technical analysis of gold: After the gold price fluctuated in the morning session yesterday, it rebounded again by nearly $150 in the U.S. session, basically recovering last week’s losses. It reached a high of 4381 and then fell back. The gold price rebounded again as a safe haven. Is the bull market about to restart? I think the price of gold is about to enter the stage of bull-bear game, that is, the bulls and bears will be in a wide range of fluctuations, sweeping back and forth. The range will be relatively large at that time. This week's market is more important, but I still think that the rise will come to an end. Although the bull rebound is strong, it depends on whether it can continue. If it does not continue to break high, it will go out of the repeated fluctuations. At present, the price of gold has fallen back below 4350 again, and the decline is also very fast, so it is still necessary to be cautious when chasing highs and prevent high-level profit-taking at any time. From a technical perspective, the bulls made a comeback last trading day and recovered all the losses. The daily line closed with an almost bald big sun, forming a pattern of two suns and one shadow with Thursday. We will first look at the high-level adjustments in the morning session. The short-term bullish and bearish rhythms can be properly grasped. There is obvious pressure near 4380 on the daily level. Be cautious about blindly chasing the rise. Everything is possible in the current market! The four-hour support is near 4280. If it falls below here, it will look at 4250-4230. As for the upper resistance, we will first focus on the current stage high near 4380: It should be noted that although the gold price has pierced through the previous high point, it has failed to form a continuation of the market after an effective breakthrough. We need to be alert to the possibility of a "double top" pattern forming between this position and the previous high point. If the subsequent rebound is weak, we need to guard against the risk of a short-term correction. Although the general trend is still upward, it cannot be broken through for the second time, and is expected to form a double top. Overall, today's gold trading strategy recommends shorting on rallies, supplemented by buying on pullbacks. The short-term focus on the upper side is the 4375-4385 resistance area. Once it rebounds to this range and fails to break through, it is expected to still face certain downward pressure. The short-term support on the lower side is the 4330-4320 area. If it stabilizes and does not break, you can consider arranging long orders in advance. If it breaks down strongly, wait patiently for important support to be located in the 4300-4280 area. Arrange long opportunities according to the strength of the decline. Brothers must keep up with the rhythm, strictly control positions and risk management, and do not blindly resist orders.Once you enter the market, you must have the courage to fight it. Cowardice will only set us back further; only by moving forward courageously can we achieve what we desire. Trading is a tortuous journey, not a smooth one. I believe many people see the beauty of the outside world, only to wonder why the risks are always so high? It's because they don't see the reality clearly! We can't change market risks, but we can control them. Since entering this market, I have remained true to my original aspirations. Profits can only be achieved by controlling risks, but as long as we can seize opportunities diligently and adhere to the correct trading logic, we can quickly turn losses into profits. Without a sound system, one lucky break is a lucky break, and two lucky breaks are also lucky breaks, and ultimately, only losses await us!The last hurdle in trading is human nature. Many people have mastered a lot of technical knowledge and even have a good trading system, but they are still unable to make stable profits. The reason is that they are trapped by the one-sidedness of the system and ignore the underlying logic and deeper influencing factors. Trading is not just a technical issue, but also a cognitive issue. Truly mature traders must know what they are buying and selling every time without any ambiguity. They must carefully analyze the current market trends and judge whether they are in line with their own profit model. If they are in line with it, they will execute it. If not, they will wait patiently. The key to trading is not how to seize every opportunity, but how to control their own hearts and steady their hands. When the opportunity truly belongs to them, they must act decisively without any emotional fluctuations. Only in this way can they achieve truly stable profits. If you do not have the ability to respond flexibly to the market in trading, nor are you good at adjusting your trading thinking and rhythm in time with the market rhythm, you can pay attention to the bottom notifications for more specific operation details and strategy updates. Let us pursue more profits flexibly and stably in the unpredictable market!

Gold was under pressure at 4280 and fluctuated back and forth during the Asian and European sessions, but it rose strongly again in the U.S. session driven by risk aversion, and the market broke through the key watershed of 4280 as expected. The short-term trend turned from volatile to strong. The current market is still in a bull-dominated pattern. If it falls back but does not break the 4300-4280 area, it is still a good opportunity to arrange long orders on dips. Today's strong rise once again proves that the gold bulls remain resilient. The rhythm of strong rise after several rapid adjustments in the past has been repeated, indicating that the bulls still have a dominant advantage. However, it should be noted that the current market volatility has intensified, so do not blindly chase the market. The short-term pressure on the top is focused on the 4350-4360 line, and the support on the bottom is still in the 4300-4280 area. If the market cannot continue to break through the upper pressure in the future, the market will most likely enter a wide range of fluctuations. In terms of strategy, we suggest that brothers respond steadily, remain patient, wait for key point signals before taking action, mainly operate in the range, watch more and do less in the middle position, follow the trend, put risk control first, maintain consistency in trading plans, take action when it is time to take action, and hold on when it is time to wait. This is the most stable way to face a volatile market.The last hurdle in trading is human nature. Many people have mastered a lot of technical knowledge and even have a good trading system, but they are still unable to make stable profits. The reason is that they are trapped by the one-sidedness of the system and ignore the underlying logic and deeper influencing factors. Trading is not just a technical issue, but also a cognitive issue. Truly mature traders must know what they are buying and selling every time without any ambiguity. They must carefully analyze the current market trends and judge whether they are in line with their own profit model. If they are in line with it, they will execute it. If not, they will wait patiently. The key to trading is not how to seize every opportunity, but how to control their own hearts and steady their hands. When the opportunity truly belongs to them, they must act decisively without any emotional fluctuations. Only in this way can they achieve truly stable profits.If you do not have the ability to respond flexibly to the market in trading, nor are you good at adjusting your trading thinking and rhythm in time with the market rhythm, you can pay attention to the bottom notifications for more specific operation details and strategy updates. Let us pursue more profits flexibly and stably in the unpredictable market!

Technical analysis of gold: Gold hit bottom and rebounded last Friday. The beginning of this week is the time point for short-term direction determination. If last Friday was just a correction and it continued to rise this week, there would be a strong rebound and break through the key suppression area. On the contrary, if the rebound is not strong and cannot form a reversal, or cannot stand above the key resistance area where it fell and broke through last Friday, then after the rebound at the beginning of this week, gold will have a second correction. Therefore, the beginning of this week is a turning point in the short-term direction of gold. At present, the judgment on the short-term trend is still relatively correct. At present, there are still fluctuations between bulls and bears, but the trend is still biased towards shocks. We have perfectly grasped the bullish and bearish opportunities in the morning. For today's trend, 4280-4285 is still a key watershed; if the rebound does not exceed 4285, it will be a weak rebound and will fall back a second time. If the rebound breaks through 4285 and hits the 4310-4320 area, it will be a strong rebound, but a strong rebound must break through the suppression of 4320 and effectively stand above 4320, which can be regarded as a reversal. Otherwise, if it rises and falls below 4285, it will still have to fall back a second time. From a technical perspective, the 5-day moving average support in the daily cycle is still solid, the strong pattern has not been destroyed, and the Bollinger band in the 4-hour cycle has closed. Gold has previously pulled back to around 4186, and has completed the mid-term adjustment structure. If it continues to rise, it is expected to hit the upper Bollinger band high of 4350 again. Overall, gold still maintains a bull-dominated pattern this week, but it has turned from the previous unilateral strength to a volatile upward trend. It is expected that the market will continue the upward rhythm in a "one step and three looks back" manner. Gold opened high at around 4373 and then fell back, hitting a low of 4219. The main funds took the opportunity to wash the market and fluctuate. The overall bullish trend remains unchanged this week. If it fails to break through the 4280-4285 pressure zone, there is a risk of a technical correction in the short term. You can rely on this area to try to short-term layout. The market volatility is large, and the stop-loss space needs to be relaxed accordingly. Operations must strictly control risks. Overall, today's gold operation strategy recommends "mainly long on pullbacks, supplemented by short on rebounds". In the short term, pay attention to the suppression of the 4280-4285 area on the top, and pay attention to the short-term support of 4230-4220 on the bottom. The key support is in the 4200-4190 area. Brothers, keep the rhythm, strictly implement the plan, reasonably control positions and stop losses, and do not blindly resist orders.The last hurdle in trading is human nature. Many people have mastered a lot of technical knowledge and even have a good trading system, but they are still unable to make stable profits. The reason is that they are trapped by the one-sidedness of the system and ignore the underlying logic and deeper influencing factors. Trading is not just a technical issue, but also a cognitive issue. Truly mature traders must know what they are buying and selling every time without any ambiguity. They must carefully analyze the current market trends and judge whether they are in line with their own profit model. If they are in line with it, they will execute it. If not, they will wait patiently. The key to trading is not how to seize every opportunity, but how to control their own hearts and steady their hands. When the opportunity truly belongs to them, they must act decisively without any emotional fluctuations. Only in this way can they achieve truly stable profits.If you do not have the ability to respond flexibly to the market in trading, nor are you good at adjusting your trading thinking and rhythm in time with the market rhythm, you can pay attention to the bottom notifications for more specific operation details and strategy updates. Let us pursue more profits flexibly and stably in the unpredictable market!

Today's opening is expected to rise and then fall, and the key node is the upper resistance near 4275-4285. Today's opening rose to a high near 4273 and then fell back, and fell to a low near 4219. It is relatively correct in terms of thinking and judgment. Unfortunately, the rise and fall at the opening is just a matter of a moment. Unless a limit order is set, it is really a bit difficult to do it. But after all, the trend and our judgment are correct. The gold price closed with a Yin-wrapped Yang rebound and peaked last Friday, and it showed weakness at the opening today. For the short-term future market, there is a certain expectation of volatility or a decline. The upper side will pay attention to whether it can recover the losses on Friday and turn stronger. Otherwise, it will tend to adjust to the support near the 10-day moving average or the middle track line and then strengthen again. Judging from the current trend structure, the 4200-4190 area has become the key support level in the near term. As long as the price holds this level, the upward structure will remain intact. The primary pressure above is in the 4275-4285 area. Breaking through here will lay the foundation for gold prices to retest the previous high of 4380, and then open up space to explore the 4500 mark. From the one-hour level, the short-term market has entered a high-level oscillation. The upper resistance is the opening rebound near 4275-4285, which is currently the key point of pressure for bullish rises. The lower position looks at the strong support in the 4180 area. Gold retreated from its high last Friday, although the overall decline exceeded $200. That is because the current gold price base is large. After rising continuously by $1,000, even if it adjusts by more than $300, I think it is within a reasonable range, which does not affect the overall upward trend of gold. It does not mean the end of the bull market. For today's operation, it is recommended to maintain the idea of buying on pullbacks. In the short term, focus on the gold price pulling back to the short-term support area of 4230-4220. If it stabilizes and does not break, you can consider arranging buying opportunities in advance. If it breaks down strongly, wait for the 4205-4190 area to arrange low-level long orders. Counter-trend short orders are only recommended as a short-term auxiliary strategy, and need to be handled with caution and light positions. On the whole, today's gold operation strategy remains to focus on buying on pullbacks, supplemented by shorting on rebounds from high levels, follow the trend, and focus on grasping the rhythm of high and low levels in the trend. The short-term focus on the upper side is the 4275-4285 line of resistance, and the short-term focus on the lower side is the 4230-4220 line of short-term support, with a focus on the strong support in the 4205-4190 area. Brothers must keep up with the rhythm. You must control your positions and risks, and never blindly resist orders.The last hurdle in trading is human nature. Many people have mastered a lot of technical knowledge and even have a good trading system, but they are still unable to make stable profits. The reason is that they are trapped by the one-sidedness of the system and ignore the underlying logic and deeper influencing factors. Trading is not just a technical issue, but also a cognitive issue. Truly mature traders must know what they are buying and selling every time without any ambiguity. They must carefully analyze the current market trends and judge whether they are in line with their own profit model. If they are in line with it, they will execute it. If not, they will wait patiently. The key to trading is not how to seize every opportunity, but how to control their own hearts and steady their hands. When the opportunity truly belongs to them, they must act decisively without any emotional fluctuations. Only in this way can they achieve truly stable profits.If you do not have the ability to respond flexibly to the market in trading, nor are you good at adjusting your trading thinking and rhythm in time with the market rhythm, you can pay attention to the bottom notifications for more specific operation details and strategy updates. Let us pursue more profits flexibly and stably in the unpredictable market!

Technical analysis of gold: Gold has finally experienced a sharp pullback. On Friday, gold hit a high of around 4380, and then experienced a sharp rise and fall. It once dropped to a line around 4278, and then rebounded to the intraday high. This is a typical high-level wash-out. Since this week, gold has experienced many violent fluctuations of more than 80 US dollars on one side. It plummeted first and then rebounded. The trend was extremely extreme. Although it rebounded after bottoming out, the evening market still showed another situation. After the morning wash, it rebounded in a V shape, and after rising, it turned to a unilateral decline again. It continued to fall during the US trading session with a large amplitude, reaching a low near 4186, which is 194 US dollars lower than the intraday high of 4380. The fluctuation range is rare. So does yesterday’s drop mean that gold has peaked? Is this round of gold bull market over? This wave of pullback is indeed quite strong, and many investors have doubts about it, but I personally think that it is too early to talk about reaching the peak, and we should not blindly ignore the current strong pattern. After all, from a fundamental point of view, the conditions for a sharp decline are not yet in place. I have repeatedly emphasized this point. We must flexibly adjust our operational thinking based on the trend structure and news. From a technical perspective, combining the one-hour and four-hour chart trends, the lower support remains near 4180 and 4160. If this area is not effectively broken, new downward space will not be opened. It is a support point that needs to be paid attention to in the short term. The upper pressure is temporarily concentrated in the 4280-4300 mark. Once it re-stands in this area, it will most likely test the previous high again. If it breaks through effectively, it is expected to further impact the 4500 line. From a technical perspective, the daily line recorded a large negative line engulfing the positive line, and the 4-hour line fell back to $178 three times in a row, showing obvious pressure from above. The continued rise of the bulls this week was accompanied by technical repairs. There was no rebound after the U.S. market fell, but it broke down directly. Short-term pressure has been formed near 4275-4285. If the rebound is under pressure in this range, you can continue to consider short-term short-selling layout. The hourly chart shows that the second pull-up pressure in the 4380 area formed a double top pattern. There was a fierce sell-off in the evening as low as 4186. The daily line recorded a large real negative line. Although it is not enough to constitute a reversal, due to the rapid rise in the early stage, the short-term repair pressure has increased, and the weekly support is relatively deviated. In the future, you can still refer to the 4380 area as the stage top for short-selling attempts. On the whole, the strategy for gold operation next Monday will be mainly shorting on rebound and long on pullback. Focus on the resistance line of 4275-4285 on the top and the support line of 4190-4180 on the bottom. There are opportunities for both bulls and bears in operation. Friends must keep up with the rhythm, reasonably control positions and risks, and do not blindly resist orders. The market is changing rapidly. Only by staying calm and executing plans can we move forward steadily in the fluctuations.The last hurdle in trading is human nature. Many people have mastered a lot of technical knowledge and even have a good trading system, but they are still unable to make stable profits. The reason is that they are trapped by the one-sidedness of the system and ignore the underlying logic and deeper influencing factors. Trading is not just a technical issue, but also a cognitive issue. Truly mature traders must know what they are buying and selling every time without any ambiguity. They must carefully analyze the current market trends and judge whether they are in line with their own profit model. If they are in line with it, they will execute it. If not, they will wait patiently. The key to trading is not how to seize every opportunity, but how to control their own hearts and steady their hands. When the opportunity truly belongs to them, they must act decisively without any emotional fluctuations. Only in this way can they achieve truly stable profits.If you do not have the ability to respond flexibly to the market in trading, nor are you good at adjusting your trading thinking and rhythm in time with the market rhythm, you can pay attention to the bottom notifications for more specific operation details and strategy updates. Let us pursue more profits flexibly and stably in the unpredictable market!

Today's gold trend can be said to be quite exciting. The market fluctuates violently, but the more such market conditions are, the more opportunities they contain. As long as you stick to the right points and control the stop loss, profits can still be easily obtained. Today is destined to be a day full of harvest. At present, both long and short opportunities have been perfectly grasped by us. As of now, the total profit of long and short positions has been quite considerable. The first thing we consider when trading is the risk issue. In this kind of market, risk control always comes first. We will never place orders that exceed the expected stop loss. During the period of drastic market fluctuations, if the entry point is not well positioned, it is common for the stop loss of 30-50 US dollars to be wiped out. As for the next market, from a technical perspective, after gold broke through the key resistance of $4,200, its trend continued to maintain a high-level fluctuation range. It is now approaching the important psychological level of $4,400. The overall bullish trend remains intact. The current market sentiment is strong, and funds continue to flow into the precious metals sector. However, we also need to be vigilant against high-level profit-taking pressure and potential pullback risks. In terms of operations, investors are advised to focus on whether the market can continue its strong structure. In terms of strategy, it is more stable to focus on long positions on pullbacks. The short-term support below is around 4305. If the gold price stabilizes in this area, you can consider trying to go long with a light position and participate in the long continuation opportunity. If it breaks down strongly, the key support below is 4300 and 4280. If the price falls back to this range and gets effective support, it will be a good opportunity to go long again. The target is to hit the new high of US$4400. If it breaks through and stabilizes, the possibility of further extending to 4430 cannot be ruled out. However, if the gold price unexpectedly falls below the support of $4,280, it may trigger technical selling, bringing the risk of accelerated decline. The price may be expected to fall back to the $4,250 line for a deep correction. At this stage, do not blindly chase high prices. You should reasonably control your positions, strictly set stop-loss orders, and respond flexibly to fluctuations. Overall, gold is still in the main rising wave structure, and the trend remains upward, but short-term fluctuations have obviously intensified. Intraday operation recommendations are based on changes in Federal Reserve policy expectations, inflation data performance and geopolitical developments, and closely monitor the market rhythm.

What news has affected gold recently? First, the US government shutdown crisis has become one of the main drivers of the rise in gold prices. The market expects the Federal Reserve to cut interest rates by 25 basis points in October and may even cut interest rates by another 50 basis points in December. SPDR gold holdings have increased significantly. In addition, the continued shutdown of the US government and the tense international trade situation are also continuing to attract safe-haven buying to support gold prices. Multiple factors such as central banks' gold purchases and the trend of de-dollarization also continue to provide upward momentum for gold prices. Technical analysis of gold: On Thursday, gold soared by nearly $200 in a single day, and market sentiment was almost crazy. After breaking through the 4,000 mark, I have clearly pointed out in the early stage that this round of bullish trend may extend to the 4,300-4,500 area. Now it seems that the market trend has indeed confirmed this rhythm. There is no highest, only higher. On the news front, the Federal Reserve once again released its expectation of cutting interest rates this year, causing the US dollar to fall sharply. Gold, on the other hand, rose strongly, setting a new historical high in one fell swoop, reaching a high of 4380. It was originally expected that it would rise to 4330-4350 on Friday, which was the limit, but the strong market once again exceeded expectations, and the market bullish sentiment has been fully ignited. From the technical structure, the short-term trend is still obviously strong. The operation strategy on Friday is still mainly to go long on pullbacks and short on rebounds. Focus on the two key support levels of 4300 and 4280 below. If the price does not break through after retracing, you can arrange long orders according to the trend. If it unexpectedly falls below 4280, you need to be alert to the rapid decline caused by high selling. In the short term, it may test the support of 4250-4240. Pay attention to the short-term resistance above 4380-4385 area. If it fails to break through effectively, there is still a risk of rising and falling in this area. Overall, gold is still in the main rising wave stage, and 4500 may become the target range for the next stage. Today is Friday. It is recommended that all traders control their positions and stop losses, strictly implement trading plans, and do not blindly chase orders or resist orders. Although the market is strong, volatility is intensifying. Maintaining patience and rhythm is the key.The last hurdle in trading is human nature. Many people have mastered a lot of technical knowledge and even have a good trading system, but they are still unable to make stable profits. The reason is that they are trapped by the one-sidedness of the system and ignore the underlying logic and deeper influencing factors. Trading is not just a technical issue, but also a cognitive issue. Truly mature traders must know what they are buying and selling every time without any ambiguity. They must carefully analyze the current market trends and judge whether they are in line with their own profit model. If they are in line with it, they will execute it. If not, they will wait patiently. The key to trading is not how to seize every opportunity, but how to control their own hearts and steady their hands. When the opportunity truly belongs to them, they must act decisively without any emotional fluctuations. Only in this way can they achieve truly stable profits.If you do not have the ability to respond flexibly to the market in trading, nor are you good at adjusting your trading thinking and rhythm in time with the market rhythm, you can pay attention to the bottom notifications for more specific operation details and strategy updates. Let us pursue more profits flexibly and stably in the unpredictable market!

After yesterday's wash-out, gold staged another roller coaster trend in the evening, rising strongly to around 4380 and then plunging rapidly to 4278. The rapid wash-out of nearly 100 points caused market sentiment to fluctuate violently, but from the overall structure, this violent shock is more like a short-term technical adjustment in the bull market rather than a trend reversal. At present, gold is still in a strong main upward wave stage, and the 1-hour moving average still maintains a bullish divergence pattern. Short-term adjustments are actually accumulating momentum for the next round of rise. In terms of operation, focus on the support of the 4300-4280 area below. Once it stabilizes, it is still an excellent opportunity to follow the trend and buy low. If the price forms a small double bottom pattern near 4280, it will be expected to launch a counterattack again. The target can be 4340 and the previous high of 4380. Conservative investors should patiently wait for confirmation of a pullback before investing, and avoid blindly chasing higher prices. Those who are cautious can wait patiently for the confirmation signal of the pullback before making any arrangements. Do not blindly chase high prices. The most challenging thing in a bull market is not judging the direction, but grasping the execution rhythm and patience. Trends are king, and pullbacks are opportunities. The gold bull pattern remains solid. Although the market has fluctuated, the general direction is still under the control of the bulls. Follow the trend and wait for another upward attack after the pullback.The last hurdle in trading is human nature. Many people have mastered a lot of technical knowledge and even have a good trading system, but they are still unable to make stable profits. The reason is that they are trapped by the one-sidedness of the system and ignore the underlying logic and deeper influencing factors. Trading is not just a technical issue, but also a cognitive issue. Truly mature traders must know what they are buying and selling every time without any ambiguity. They must carefully analyze the current market trends and judge whether they are in line with their own profit model. If they are in line with it, they will execute it. If not, they will wait patiently. The key to trading is not how to seize every opportunity, but how to control their own hearts and steady their hands. When the opportunity truly belongs to them, they must act decisively without any emotional fluctuations. Only in this way can they achieve truly stable profits.If you do not have the ability to respond flexibly to the market in trading, nor are you good at adjusting your trading thinking and rhythm in time with the market rhythm, you can pay attention to the bottom notifications for more specific operation details and strategy updates. Let us pursue more profits flexibly and stably in the unpredictable market!