#美国消费者物价指数发布在即 Gold Price Level Analysis: Caution Needed When Rushing Higher
Gold prices have already risen to a high range, and chasing longs at this point carries significant risk. From a technical perspective, the bearish outlook remains quite clear; there's no need to follow the trend and take on unnecessary risk.
How to interpret this wave of market movement? First, look for entry opportunities. Short positions can be gradually entered within the 4630 to 4640 range, which is a reasonable strategic point before the key support is broken. Strict adherence to risk management is essential—4650 must be defended, and if broken, stop-loss should be executed promptly. The risk control rule cannot be relaxed.
What about profit margins? If the bearish trend continues, several key levels to watch are: 4580 as the first target, then 4540, followed by 4500 and 4470, which also hold significance. Taking profits gradually and exiting the market is more prudent—don't expect a single wave to cover everything.
$BTC 's movement at this time is also worth paying attention to; precious metals and cryptocurrencies sometimes move in tandem. It’s better to wait for clearer signals before taking action.
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#美国消费者物价指数发布在即 Gold Price Level Analysis: Caution Needed When Rushing Higher
Gold prices have already risen to a high range, and chasing longs at this point carries significant risk. From a technical perspective, the bearish outlook remains quite clear; there's no need to follow the trend and take on unnecessary risk.
How to interpret this wave of market movement? First, look for entry opportunities. Short positions can be gradually entered within the 4630 to 4640 range, which is a reasonable strategic point before the key support is broken. Strict adherence to risk management is essential—4650 must be defended, and if broken, stop-loss should be executed promptly. The risk control rule cannot be relaxed.
What about profit margins? If the bearish trend continues, several key levels to watch are: 4580 as the first target, then 4540, followed by 4500 and 4470, which also hold significance. Taking profits gradually and exiting the market is more prudent—don't expect a single wave to cover everything.
$BTC 's movement at this time is also worth paying attention to; precious metals and cryptocurrencies sometimes move in tandem. It’s better to wait for clearer signals before taking action.