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Gold, Morning Analysis
The 4400 level has finally broken! Someone asked if it can still be shorted? My answer is it can still fall a bit more, but I don't recommend chasing. I won't be greedy for this brief tail-end rally and miss the entire bottoming phase. Nor will I let my thinking get trapped.
As the month approaches its end, we face the final battle. Coupled with turbulent news, be cautious of a potential reversal. What needs to be done now is to seize this critical window for a trend reversal. When the new chairman makes his first appearance, we will then verify.
Buy near 4323, target 4700