Gold rebound presents an opportunity，Why wait and do nothing?

3 days ago

Following the release of supplementary US non-farm payroll data for September, the relatively strong job growth coupled with a resurgence in the unemployment rate has once again created a contradictory situation in the market. This has also led to growing disagreement within the Federal Reserve regarding whether to continue cutting interest rates in December. Judging from the recent tone of Fed officials' speeches, most officials lean towards a conservative and cautious approach, believing that maintaining the current interest rate is appropriate. The recent performance of the US dollar index best illustrates this point, putting significant pressure on gold, which has repeatedly weakened. However, there is clear buying interest at lower levels, with each sell-off followed by a rapid rebound, though the momentum has been weak. Intraday, gold retraced to around 4060, quickly rebounded to around 4080, and then fell back again. During the European session, it broke below the key short-term support around 4040, accelerating its decline and briefly touching around 4022. It then fluctuated before gradually stabilizing around 4030. Currently, the US session has seen another rapid rebound, mirroring yesterday's pattern. The recommended strategy is to look for opportunities to short after rallies. The short-term tone is set, and market sentiment is destined to be weak; at least avoid excessive shorting at lower levels.


Gold Trading Strategy: Sell gold in batches around 4080-4100, with a target of 4060-4030.

2 days ago

Trade active

Trading is actually not complicated. As long as you truly love this market, it will reward you. I don't pursue exaggerated words or exaggerate emotions. I only focus on real trading and a clear rhythm. There is no such thing as an eternal bull or bear market, only the right direction in the present moment. Find the rhythm and follow the trend. This is the essence of trading.

If you lack the ability to flexibly adapt to the market and are not good at adjusting your trading mindset and rhythm in a timely manner, you can pay attention to bottom notifications for more specific operational details and strategy updates. Let's work together to flexibly and steadily pursue more profits in the unpredictable market!

2 days ago

Trade closed: target reached

This week has come to a successful close, with overall gains being substantial. The simplest way to win in trading is to avoid complex trades. If you think that the more factors you consider and the more details you pay attention to, the greater your confidence in a trade, you're mistaken. This will only confuse your judgment, increasing the risk of losses and potentially causing you to miss profitable opportunities by failing to take necessary actions. To simplify trading, it's simple: stick to one trading strategy, focus on the signals you're most confident in, repeat it consistently, and perfect it. That's how you'll succeed.