Gold requires extra caution on Friday.

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Gold requires extra caution on Friday.GOLD (US$/OZ)TVC:GOLDybjjtsFriday, the last trading day of the week. As always, I emphasize the need for extra caution on Fridays, as the market often behaves unpredictably. Looking at the current overall trend, watch for resistance at 4500 and 4540, and strong support at 4420. Gold Trading Strategy for Today: 1. Short positions can be attempted in batches at 4500 and 4540, with a 10-point stop-loss. Targets are 30-50 points or more. Only one small position should be attempted upon first reaching these levels. 2. Long positions can be attempted with a small position at 4420, targeting 30 points or more, with a stop-loss of 8-10 points. Strict stop-loss orders are essential for 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.