Midday Market Outlook

The bearish sentiment has been fully released, with the downward momentum exhausted, and buying interest entering at lower levels to support. The downside space is basically exhausted, and the market has entered a phase of correction and rebound.

The market has stabilized after testing the bottom with consecutive positive closes, the selling volume continues to shrink, bottom support remains solid, and after overselling, the rebound momentum is gradually building.

Mainly operate by buying on dips:
Enter long positions on dips around 4138-4140, with the first target at 4164, and look for the previous high of 4200 after a breakout.

Place stop-loss at 4120; if broken effectively, switch to a different trading strategy. Do not chase shorts or blindly bottom-fish, rely on support levels to trade with the trend, and strictly control position risk. #黄金