2.2 Evening Gold Trading Strategy

Intraday gold experiences wide fluctuations, with bulls and bears repeatedly battling, resulting in a rollercoaster market. After a significant rise and fall during the day, the evening volatility is likely to narrow. Focus on light positions within the 4628-4878 range, selling high and buying low. Be sure to strictly set stop-losses and control risks.

Short-term Trading Strategy

▫️Short position setup: Enter a short position lightly on rebounds to the 4878-4888 range, with a stop-loss at 4898. First target is 4700; if it dips further, watch for 4628.

▫️Long position setup: Enter a long position lightly on pullbacks to the 4618-4628 range, with a stop-loss at 4600. The target is 4728-4758.