6 AM Gold and Silver Strategy: With the correlation between gold and silver, here's how to operate today with stability, accuracy, and decisiveness!

For those still watching the market at 6 AM, it's tough but holds promise!

Gold and silver had a tug of war at high levels last night. Now the direction is becoming clearer. Understanding this wave of operations will help avoid pitfalls in today’s trading!

First, let's discuss the current market situation:

During the late night, there were no major news blasts. Gold has been hovering in the 4200-4220 range, while silver is more interesting, having surged to around 59 before retreating, stuck in a 58-59 oscillation, which is a typical "high position digesting profit margin".

Remember the core logic: Gold and silver are highly correlated in the big picture, but silver's volatility is 1.5-2 times that of gold, making it "leveraged gold". Currently, the gold-silver ratio is within a reasonable range and has not reached extreme divergence.

Key levels to remember clearly, don’t be vague:

• Gold: Support at 4190 (strong support at 4180), Resistance at 4230 (breakout target at 4250)

• Silver: Support at 57.5 (lifeline at 57), Resistance at 59.5 (round number at 60)

The operational thought process is in two steps, simple and executable:

1. Prioritize low long positions in gold: Stabilize on a pullback to 4195-4200, enter long in batches, set a stop-loss below 4180, with a target first looking at 4230, and if broken, chase 4250.

2. Silver follows gold: Either wait for a pullback to 57.8-58.2 to go long, with a stop-loss below 57, targeting 59.5-60; or wait for gold to break 4230 and then cautiously go long on silver to profit from the price difference.

3. Stop-loss is the bottom line: If gold breaks below 4180 or silver falls below 57, exit directly and observe, don’t stubbornly bottom fish!

Lastly, a reminder:

Silver's RSI is somewhat overbought right now, don’t blindly chase highs; it’s better to wait for a pullback to enter rather than chasing at the peak.

Establish a stable position in gold to maintain a calm mindset, and enhance earnings with silver to gain elasticity. Don’t reverse the order, manage your position well, and you can slightly enlarge your position in the direction of the trend while firmly reducing it against the trend.