Song Xiqing: The gold decline continues, and the trend is turning at the next corner.



Today, gold overall remains weak, so resistance levels are expected to move slightly lower. First watch the 4140–4155 range above, then strong resistance around 4170–4185. The first support below is at 4100–4080; if it can't hold, then look at 4050. Further down are the previous lows at 4020–4000.

In terms of trading, the main idea is to look for opportunities to buy dips, with buying calls as an auxiliary strategy. Specifically:

Buying calls: You can enter in batches around 4140–4150, with the initial target at 4100–4080. If it breaks below that, then look at 4050.

Buying puts: If it drops to around 4050–4060, try a small position in puts, targeting 4100–4130. If it breaks through, there’s potential to reach 4150.

Key resistance is at 4140–4150, key support is at 4050–4000. The market is constantly changing, watch out for risks, and respond $BTC flexibly.
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