April 7 Gold Trading Review

Today, gold experienced a volatile decline, with the main strategy focusing on shorting from high levels. Only minor attempts and short-term longs were made during market fluctuations, resulting in steady profits.

A total of 14 trades were executed today: 10 profitable and 4 losing, with an overall win rate of 71.43%, and a net profit of $9,222.50. In the early session, multiple short positions were taken to capitalize on the downward movement, quickly accumulating gains; during the strong rally in the middle of the session, strict stop-loss measures were enforced, resulting in two consecutive losses, with no holding onto losing positions; in the afternoon, only two short-term longs were engaged, with quick entries and exits, avoiding prolonged battles, successfully locking in profits; the last short position was closed after a loss, as the market quickly retraced, strictly adhering to trading discipline and maintaining the day's profit.

The main trend remains clear and firm, risk control is properly implemented, and short-term longs are kept in check, perfectly aligned with the intraday trend. The medium- to long-term target remains in the 4400-4200 range. Going forward, the focus will continue on shorting from high levels, with rebound opportunities used to initiate shorts, capturing trend-based downward profits.