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This wave of $XAU pullback is very clear, and the profit potential for short positions has already opened up.
Earlier, it was repeatedly testing around 4556.41, and the market couldn't push higher, showing obvious signs of a pullback.
It's more comfortable to go short with the trend, and my approach is to short.
Now the price has already pulled back to 4545.5, and the profit and loss percentage has reached +22.25%, so this profit margin has been realized.
Next, stay cautious, take 75% profit first, and keep the remaining 25% to see if there's a second wave.
Secure the profits first, and the remaining positions must have stop-losses; a rebound later is normal.
For those who haven't entered yet, wait for the next signal.
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