#比特币对比代币化黄金 Gold Trend Shift: Don’t Rush to Catch the Bottom After Profiting from Shorts—Wait Patiently for the Support Level

After taking profit and exiting short positions, be wary of the strength of this correction in the current downtrend—if the first rebound can’t withstand selling pressure, a solid rally will likely only come after a second dip or a new low. Jumping in to catch the bottom at this point is setting a trap for yourself.

Gold prices have already undergone a $16 mid-move correction, and with the major event of the Fed’s rate decision coming up on Thursday, the market is in wait-and-see mode, so large short-term fluctuations are unlikely. However, there is clear structural support below, which is an advantage.

Recent Trading Strategy

1. Short Positions: Consider re-entering within the 4185-4186 range, set your stop loss at 4196, and target 4172.

2. Long Positions: Wait until gold approaches 4170 or slightly breaks below it before looking for an entry opportunity, focusing on a rebound around the support level. $BTC $ETH $BNB