Dragon166

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Erbie's today’s whiteboard strategy, short positions at 2281/2296 above,
long positions around 2253/2230 below.

Gold 500 Today Strategy
The first scenario during the day is a continuous fluctuation starting at 6 a.m., with the range still around 4683 to 4720.
The Tokyo session might reach 4730, but the main focus is on the 9 a.m. Shanghai Gold opening.
During this time, pay attention to crude oil fluctuations; if crude oil futures return to around 88, Shanghai Gold will surge to 4750, or even test 4780 again.
This is a good short-sell position within 30 minutes, but watch the stop-loss.
The second scenario is that at 6 a.m., the market fluctuates downward, with the range moving to within 4668-

Gold's strategy for today,
The first scenario, crude oil futures reached over 97 around 8:00 AM, and gold prices hit over 4690. If the fundamentals hold and oil prices can stay above 94.95 at a high level, then the evening signals will be clear, and a sharp decline is likely to begin. At 21:30 U.S. market time, there may be a sell-off around 20:00 to 20:30, with the first target testing 4668. There might be a slight rebound here, around 4680. If it continues to fall below, the aggressive target would be 4650, while the conservative approach could be to buy near 4638.
I think the lowest poi