Seize the opportunity to buy gold on the rise.

The recent downturn in gold is due to the speech by the Federal Reserve, which negatively impacted gold and increased market panic, leading to an acceleration of the decline in gold prices. In the face of news, technical analysis is only a reference. Therefore, it is important to emphasize the importance of controlling positions. A rational approach to investment recognizes that there are no single trades that will never lose, and investment returns should be viewed holistically.

After this wave of gold decline, market sentiment will be exhausted, and gold will immediately return to its normal range of fluctuations. The probability of a rebound is very high.

At this point, it is possible to capture a rebound. Buying directly on the rise, the first take-profit position is around 1818 points. The second take-profit position is placed around 1823 points. As gold is currently in a fluctuation phase, position size should not be too heavy. Focus on the 1823 point position. The market is constantly changing, so be flexible in response.

The strategy for gold will be updated in real-time, so stay tuned.

Comment:

Gold breaks through the first pressure level and can continue to be held

Trade active

Comment:

Gold rises as expected

Comment:

Pay attention to the data

Comment:

The data is negative, our entry point is okay, don’t panic

Comment:

It has reached the first stop profit point

Comment:

Continue to hold and wait for the second stop profit point

Comment:

It's a pity that I didn't wait until the second stop profit point, and when I reached the first stop profit point, I was reminded to reduce the position. I don't know how much the position in everyone's hands is now