Black Monday: How to get out of a losing position?GoldOANDA:XAUUSDG_Bull-Bear_Sniper#XAUUSD XAUUSD XAUUSD Gold is currently in a slow upward trend, but due to the significant drop at the beginning of the week yesterday, it will be difficult for gold prices to achieve a direct V-shaped reversal. It is expected to gradually stabilize through repeated fluctuations. My strategy remains primarily bullish, with bearish as a secondary approach. Currently, judging from the hourly and 4-hour charts, the short-term support is around 4365-4355. If it pulls back to this level, we can consider taking a small long position with a stop-loss order. Watch for resistance at 4395-4405. If the price rebounds to this level for the first time during the day and encounters resistance, consider a small short position. Today, a slow, oscillating pattern is expected to continue. Trading should be conducted within the key range, with appropriate stop-loss orders in place. A steady and cautious approach is advised, and short-term traders should look for opportunities to take profits at resistance levels.