#黄金 #黄金行情

Gold midday thoughts for reference only
The price trend from last week until now has been very weak, I don't need to say more
For the long-term, I see support around the daily lower band at 4600. After declining to this support level, then look for a northward move. In other words, first watch for a drop to 4600, then discuss a northbound move
So for trend orders, short around 4735, target 4600 (possibly requiring multiple orders)
If this afternoon the short-term price reaches around 4700-4705, I will make a short-term long position. When it reaches around 4730, I will do a short position again, with the same target as the previous order
Let me also mention that there are two ways to trade gold: trend orders and "scalping." Ultra-short-term high-frequency trading doesn't require waiting foolishly for trend order levels. Some trend levels might not be hit all day. Many times, scalping can earn more than trend trading. Even if you see a trend level, can you hold onto it?
So, scalp short-term, don’t be timid.