Midnight Session: The initial rise followed by a decline as expected has been fulfilled, and the high levels continue to look for a pullback

Gold Digger Old Cat | 2026-05-09

Trading is essentially a game against oneself; true profit does not come from predicting every rise and fall, but from repeatedly amplifying the probability advantage within the rules.

The rhythm of rising first and then falling that we discussed last night has been fully realized; after the price surged near 4749, it faced resistance and pulled back, currently returning to around 4705 for consolidation, perfectly matching the judgment. The midnight session still continues the high-selling strategy, with short-term resistance forming near the middle band of the 1-hour Bollinger Bands; the weak pattern of resistance at high levels has not changed.

In terms of operation, focus on the opportunity to follow short positions in the 4730-4740 range, with stop-loss set above 4745, and targets around 4690-4685; when the price retraces and stabilizes in the 4680-4685 range, small positions can be used to attempt long rebounds for correction, with stop-loss below 4675, and targets around 4705-4710. The liquidity during the midnight session is relatively weak, mainly light positions for short-term trading, with strict position control.

The above content is only a sharing of personal trading ideas and does not constitute any investment advice. The market carries risks; invest cautiously.