After we booked quick profits from shorting gold yesterday, gold rallied again for market shakeout and climbed to around $4300 today. Such price moves are driven solely by data releases and news events, which we had fully anticipated. When the crowd believes the downtrend is over, the real decline is just getting started.
An excellent short‑selling opportunity has now emerged in the market. Remember what I always say: every rally brings a better chance to go short. Keep building short positions near the resistance zone of 4280‑4300 and plan for long‑term holding; huge downside profits are coming soon.
Trading carries substantial risks. Trade under professional guidance to avoid account losses. I will keep delivering accurate strategies.