Today’s Trading Summary (Thursday)📊

This afternoon, I had to leave unexpectedly, so no trading was conducted in the evening. Throughout the day, multiple students operated simultaneously. We will only review a typical case for summary, focusing on the core trading logic.

The gold price overall showed a wide-range oscillation during the day, repeatedly switching within the 4779-4837 range, which highly aligns with our predicted trajectory, fully adhering to the “buy low, sell high” strategy framework. There were no major unexpected news releases, market sentiment was cautious, capital entry was steady, and there was no large influx of funds pushing the market to break out. The oscillating trend was more predictable.

From a technical perspective, the 4800 level is the core battleground between bulls and bears. Support at 4780 is strong, and resistance in the 4830-4840 area is clear. We precisely relied on key levels to guide students’ positions: short positions at resistance levels 4796, 4799, 4806, 4836; long positions at support levels 4779, 4782, 4784, 4793, all successfully closed with profits. Among them, 4 short positions exited from 4797 to 4782, earning $6,070, which was an impressive intraday move.

There was only one 2-lot short entry at 4818, which was stopped out after a brief upward move, resulting in a $920 loss. This also serves as a reminder to students that in oscillating markets, one must be cautious of sudden fluctuations and strictly manage risks.

Overall, today’s operations for multiple students perfectly aligned with the established strategy. Just from this typical case, it proves the effectiveness of “buy low, sell high” in oscillating markets. Moving forward, we will continue to adhere to range trading principles, closely watch for breakout signals, and calmly respond to trend shifts.