The trading strategy for gold on Monday was very clear.GoldOANDA:XAUUSDaosf9860Hello everyone： Gold's weakness is now a foregone conclusion. We can see that after each rebound, a new low appears, proving that gold is in a downtrend. Last week, we achieved a record of four wins and one loss. Although the number of wins was slightly lower than the week before last, it was still a good result overall. However, there are a few points to discuss: 1. The previous wave of decline was influenced by the Federal Reserve and the Iran war, resulting in a large rebound. However, this process was only influenced by news, and it also formed a small double top. After breaking through, the rebound was followed by a second drop, which broke the bottom. 2. In fact, this wave is quite regular: (1) From 4892 to 4500, a drop of $492. (2) From 4773 to 4366, a drop of $407. (3) From 4595 to 4024, a drop of $571. (4) A drop from 4382, breaking below $500, would reach 3882, entering the range of the previous two drops, which should be between 3800-3900! One point to note in a weak market: a break below the bottom followed by a rebound should not be interpreted as a double bottom. Each drop will generally break the bottom. The last time, because it was a continuous drop, the expected range was small. However, with a rebound followed by a second drop, the target should be adjusted downwards significantly. This time, the target range is below 3900 to 3800. In the short term, the strategy should remain short. 4388 formed a small double top pullback, and 4180 is also a small double top; this is a watershed. As long as Monday's opening is stable, a break below 4142 or a flat opening with a small rebound is a good entry point for shorting. 1. In terms of rhythm, the morning is likely to be weak. 2. 4180 is the watershed level and a stop-loss point for short positions. 3. If it breaks below 4142, look for shorting opportunities on any rebound. 4. If it opens flat and rises, continue to watch for a triple top at 4178-80 for shorting opportunities. 5. Don't worry or be afraid. Gold follows trends very well. The trend is to continue watching for a break below the lows; don't try to buy the dip.