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5.07 Wednesday Gold Trading Summary
Juejin Laomao | 2026.05.07 (Wednesday)
From the morning to midday, we mainly took long positions at high levels and supplemented with short positions at low levels, relying on resistance at high points to gradually test short positions, successfully capturing the pullback profits; after the market broke through the key resistance at 4722, we decisively shifted to a bullish outlook, following the trend to catch the main upward wave; when prices surged to 4750 and faced resistance, we attempted short positions again to profit from the pullback; in the evening, after the price broke support again, we continued to follow the trend, operating throughout based on support and resistance, with a very smooth rhythm.
Today, a total of 21 trades were made, of which 20 were profitable, and only 1 early morning short attempt resulted in a small loss due to rapid market breakout. The win rate was nearly 100%, with a net profit of 22,599.10. The support and resistance levels were judged accurately throughout, turning every fluctuation into a definite profit.
⚠️ Disclaimer: The above is only a personal trading record sharing and does not constitute any investment advice.