Gold Surges 100 Pips! A Massive Shorting Opportunity?

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Gold Surges 100 Pips! A Massive Shorting Opportunity?GOLD (US$/OZ)TVC:GOLDMr-DaplOn Monday, gold opened sharply higher, rising nearly 100 points and reaching the resistance level of 4220 from last Friday. In the short term, short positions can be attempted in batches with small positions, with entry points at 4220 and 4280. The strategy before the US session remains primarily shorting. Gold Trading Strategy for Today: 1. Short positions can be attempted in batches at 4220 and 4280, with a 10-point stop-loss, targeting 30-50 points or more. Only one small position should be attempted upon first reaching these levels. 2. Long positions can be attempted with small positions at 4140, targeting 30 points or more, with a stop-loss of 8-10 points. Strict stop-loss orders are essential for any long positions. Only one long position should be attempted at this level; if the stop-loss is triggered, no further long positions should be entered. ~Currently, medium-term positions are suitable; avoid positions with a maximum profit of less than 10 points.