$XAU
Gold is up 3% today—don’t chase it at this level

Gold exploded as soon as the midterm elections were announced, surging 3% today. The excitement is real, but don’t get carried away and chase the rally.

This level is crucial—it’s the dividing line between bulls and bears. The big players will almost certainly push prices back and forth around this key level to shake people out. Let’s be patient and wait for a clear sign that prices have stabilized before making a move; otherwise, we could easily get whipsawed.

Sister Huan’s advice: get a clear read on the situation before pulling the trigger. #美国中期选举:市场有哪些期待?