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Gold quickly broke below 4500 before the Asian session, fully confirming our judgment: support at 4480-4500 turned into resistance, the half-hour moving averages are in a bearish alignment, and the rebound is a shorting opportunity. Subsequently, the price plummeted from 4479.65 all the way down to a low of 4367.17, with short positions yielding over 110 points in profit!
The market waits for no one; prediction is the key!
Pre-lock the shorting zone to provide ample entry opportunities, implement strict risk control (light positions + $4-5 stop-loss), and even in volatile conditions, you can stay steady. Friends who follow along, this wave of profits is yours to take! For those who didn't, don’t worry—key levels and trading strategies will continue to be shared, so let’s seize the big gold market together!
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