Last month, all our gold swing short positions hit their targets. We entered in batches, and once they were all aligned with our target level, the market fell another 500 points.
The overall trend is down, and every rebound is an opportunity. You have to hold your positions to catch the big moves.
Intraday gold prices surged strongly, driven by the dual catalysts of easing US-Iran tensions and shifting expectations around the election. On the 4-hour chart, prices moved above the middle Bollinger Band, and the lower-level bearish nine-count completed, prompting a corrective rebound.
After buyers concentrated their efforts, prices are now consolidating at elevated levels to digest the gains. Following the sharp rally, the market has entered overbought territory, volatility has increased, and there is a risk of a rapid pullback at any time. Aggressively chasing long positions is not recommended.
This rally is a news- and sentiment-driven surge, not a complete trend reversal; the broader bearish structure remains intact. Prices are gradually approaching resistance near the upper Bollinger Band. Tonight, pay close attention to the risk of prices retreating after hitting resistance and as positive news is priced in.
Trading strategy: Sell on a rebound into the 4090–4110 range, with initial targets at 4060–4020.
Trust comes with responsibility. Walking this journey together is both a source of confidence and a commitment.
Grounded in the market and focused on practical action, we make no empty predictions. We’re here to help everyone view market conditions rationally and steadily build returns.
Trading doesn’t always go smoothly. There are profits, but also drawdowns. What matters is sticking to your rules and making the right trade-offs.
In these recent rounds of back-and-forth trading in gold, I captured profits from swings in the market, but also took losses when my entries got stopped out.
The market is a game of probabilities. Don’t expect to win every trade. Use strict stop-losses and manage your position size. Make more on your winners than you lose on your losers, and you’ll be on a steadier path over the long term.
Follow the rhythm steadily and patiently wait for the opportunities that are yours.
Yesterday, gold rebounded after being oversold, then weakened under pressure at the middle Bollinger Band. The rebound was not a reversal, and the strategy of selling rallies paid off. Short positions at 3965 and 3930 each took profit. Trading is about risk management and execution—building steadily and living up to your trust.
Early session alert: The short position in gold around 3965 has gained 45 points. Its value keeps rising; continue watching for a move down to the target.
New traders quickly learn that execution and risk management matter far more than predicting market movements.
For every trade going forward, entry points, take-profit levels, and stop-loss levels will all be clearly shared. Markets change, but stick to the rules and build steadily over time.
A No. 9 turning-point signal from the Magic Nine Countdown appeared near the earlier low on the 4-hour chart, driving an oversold rebound in gold. Bollinger Bands: upper band 4088.49, middle band 3971.63, lower band 3854.77. Gold has rebounded from the low of 3870.20 and is currently trading below the Bollinger middle band. Rebound momentum is gradually weakening, with the middle band acting as key short-term resistance. The market has shifted from a one-way rebound to consolidation.
This rise is a corrective rebound driven by both oversold conditions and news, not a trend reversal. There is still a risk of a pullback to retest support after encountering resistance above, so avoid chasing longs this morning. Strategy: Favor short positions if the rally meets resistance; consider longs only after a pullback holds at support.
Trading suggestions: Sell short if the rebound meets resistance at 3965‑3985, with targets at 3940 and 3910; $NVDAB $AAPLB #提现服务恢复期间警惕诈骗 #美国中期选举倒计时,美股博弈窗口已开启?
Today's summary: 4040 trend-following short, captured a 120-point swing; Two opportunities to short at 3915, gaining 40 points; 3895 short-term long setup, caught 25 points.
The broader downtrend remains unchanged, with profits from short-term rebounds in between—gains on both the long and short sides. Trading is all about timing; risk management comes first. Back at it tomorrow.
The short around 3915 that was publicly signaled in the morning session offered two chances to get in, capturing a total of 40 points. Those who followed made 4000 USD.
A bond of trust, a responsibility. Walking alongside you every step of the way takes confidence—and, above all, commitment.
Deeply engaged in the market and focused on practical experience, we make no empty predictions. We’re here to help everyone assess market conditions rationally and build results steadily.
Gold prices have been steadily declining since reaching 4026 last Friday, with virtually no meaningful rebound along the way. They dipped to around 3870 before gradually stabilizing and are currently moving sideways around 3900.
After breaking through several short-term support levels in quick succession, prices accelerated lower, with sellers firmly in control. The latest downswing on the 4-hour chart has already covered substantial ground. Technically, the weekly and daily moving averages are aligned in a classic bearish formation, while the Bollinger Band middle line is acting as strong resistance. After a brief recovery, 4-hour indicators have turned weaker again, making it difficult for buyers to sustain a rally.
Fundamentally, this sharp drop was driven mainly by easing rate-cut expectations and a stronger U.S. dollar. The current rebound is merely a technical correction after an oversold decline; there has been no material improvement in the fundamentals. Upside is limited, so don't mistake this for a bottom and reversal.
Trading plan: Sell on a rebound into the 3915–3935 range, targeting 3860–3830. Manage risk carefully.