Gold price plunges nearly 200 points! Multi-order trapped solution strategy:
This week, gold from the 4309 phase high fell sharply in one direction, dipping to a low of 4110. The cumulative decline is nearly 200 points. During the period, rebounds were repeatedly capped and fell again. The broader bearish trend is clear. Many long positions chased at high levels and those bought on dips midway have been trapped deep.
4250-4300 deep trapped longs: Don’t stubbornly hold. If price rebounds to the strong pressure zone of 4180-4200, cut down by 70%. Keep the remaining position with a stop-loss at 4220. If price pulls back to 4115-4125, re-enter the position. Use band-trading rolling to gradually lower the average entry price and work towards getting out.
4180-4220 mid-range shallow trapped longs: First, use the rebound to exit. If price rebounds to 4170-4190, look for an opportunity to close with a small loss. Then follow the downward move and use short positions. Use profits from the shorts to offset the losses.
Trapped shorts chased below 4120: No need to panic. On a pullback to 4120-4130, close directly. Or add to the shorts to lower the average entry price; then take profit near 4170 on the rebound.
Before the trend reverses, the best strategy for longs is to reduce exposure on rallies. Never add positions against the trend—otherwise you’ll get trapped deeper and deeper.
#黄金 $BTC $ETH
This week, gold from the 4309 phase high fell sharply in one direction, dipping to a low of 4110. The cumulative decline is nearly 200 points. During the period, rebounds were repeatedly capped and fell again. The broader bearish trend is clear. Many long positions chased at high levels and those bought on dips midway have been trapped deep.
4250-4300 deep trapped longs: Don’t stubbornly hold. If price rebounds to the strong pressure zone of 4180-4200, cut down by 70%. Keep the remaining position with a stop-loss at 4220. If price pulls back to 4115-4125, re-enter the position. Use band-trading rolling to gradually lower the average entry price and work towards getting out.
4180-4220 mid-range shallow trapped longs: First, use the rebound to exit. If price rebounds to 4170-4190, look for an opportunity to close with a small loss. Then follow the downward move and use short positions. Use profits from the shorts to offset the losses.
Trapped shorts chased below 4120: No need to panic. On a pullback to 4120-4130, close directly. Or add to the shorts to lower the average entry price; then take profit near 4170 on the rebound.
Before the trend reverses, the best strategy for longs is to reduce exposure on rallies. Never add positions against the trend—otherwise you’ll get trapped deeper and deeper.
#黄金 $BTC $ETH
