This week's gold market review
This week, the overall fluctuation of gold has been intense, with the market experiencing rapid rises and falls multiple times, clearly influenced by news-driven factors and frequent rhythm switches.
From a trading perspective, most of this week's time was not suitable for range ambushes and leaned more towards following the market trend. Liu Sheng's original layout idea of 'high shorts and low longs' faced significant pressure in this strong volatility environment, with multiple quick breakthroughs triggering stop losses, affecting the overall rhythm.
However, at the same time, there were still many opportunities to enter the market in line with the trend, especially after the market broke through key resistance and support, showing good continuity and still possessing considerable profit potential. Therefore, this week saw a deliberate reduction in the number of layouts, shifting more towards mid-session reminders.
It can be said that 'going with the trend' is the core trading theme of this week. In a market with large fluctuations, trying to catch precise highs and lows often leads to being quickly stopped out; instead, relying on trends and following breakthroughs allows for a higher margin of error.
In summary, this week's market rhythm has been variable and structure repetitive, but as long as position sizes are controlled, participation is cautious, and the trend-following idea is adhered to, it is still possible to achieve good returns amidst alternating fluctuations and breakthroughs.
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