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Enze: Precise pre-judgment and re-verification, gold retracement dips for full gains
Yesterday morning, we provided a low buy idea in the 5100-5120 range, reaching a high of 5202, and successfully took profits. In the evening, focus on short-term resistance at 5230-5240. Friends who are positioning for dips should take profits early to ensure peace of mind.
Recently, the market has experienced significant volatility and rapid pace. Trading must prioritize stability. Such market conditions present both opportunities and risks. Some friends have told me they used small funds to leverage large gains. This also shows that in highly volatile markets, as long as the strategy is clear and execution is proper, opportunities are very evident.
From the 4-hour structure, short-term support is at 5100-5120, with strong support at 5030; resistance above is at 5230-5240. The overall rhythm remains focused on dips for re-entry and stable operations. Specific real-time strategies will be updated in the ongoing analysis.
Gold reference strategy:
1. When gold price retraces to the 5100-5120 area, consider buying dips, with stop-loss below 5090, and target at 5230-5240. If broken, continue holding.
Reminder:
The above analysis is Enze’s personal view. Markets change rapidly, so please rely on Enze’s actual analysis!