Friday: Gold 4730 hit precisely, reverse short position seamlessly connected

Yesterday afternoon's movement perfectly aligned with the forecast. Here's a simple review.

During the Asia-Europe session, gold prices showed obvious rebound momentum after oscillating at low levels. Combined with the hourly chart structure, the judgment at that time was that the support below was effective, with short-term upside potential remaining. Therefore, chasing shorts was not recommended. Instead, a view of 4700-4730 upside was provided.

Subsequently, the market rose with oscillation and successfully reached the 4730 target level. After touching this position, the strategy was adjusted timely based on market performance — reverse short at 4730 to capture the pullback space after the surge.

From the subsequent movement, gold prices encountered resistance near 4735.80, with the high point area basically aligning with the forecast. The reverse short position successfully connected with this wave of pullback.

Overall, this rhythm of "first watching the rebound, then waiting for high shorts" showed smooth connection. Whether following the long position to the target or turning short at higher levels, there was good trading space.

Trading emphasizes rhythm. Key levels should not be chased or greeded. Execute when the position is reached. Look for opportunities in subsequent movements. Welcome to continue following.