Evening CPI Night! Gold short positions accurately fulfilled, evening strategy clarified again

——Gold Digger Lao Mao

Today, gold continued its overall high-level consolidation and pullback trend. After opening, it slightly surged but encountered resistance and weakened. Currently, the price remains below the short-term moving averages. The Bollinger Bands are tightening and trending downward, with the moving average system forming clear resistance. The bullish rebound momentum is insufficient. Now it is evening, and the focus is on the CPI data impact. Before the data release, the market remains cautious and consolidative, with the overall direction still leaning towards short positions.

At noon, we confidently provided a clear shorting strategy in the 5200~5210 range. In the afternoon, the highest point precisely touched 5210, and the lowest pullback was to 5178. The entire movement fully aligned with our forecast. We guided students to follow short positions at key resistance levels and successfully captured this pullback profit. Although not capturing the full move, our directional judgment was accurate, and the timing was well-controlled.

As we enter the evening session, the trading approach remains primarily short. If the rebound reaches the 5198-5205 range, consider layering short positions. Targets are set at 5180-5175, with further support at 5170. Stop-loss should be placed above 5212 to strictly control risk. If the price stabilizes around 5170-5175, a light short-term long position can be tested with targets at 5185-5190 and a stop-loss below 5165. Maintain a steady overall position, avoid heavy leverage, and do not hold large positions.

Market volatility is uncertain. The above analysis is only a personal opinion and does not constitute any investment advice. Investors should trade rationally according to their risk tolerance. Profit and loss are their own responsibility.