Friday: Gold at 4730 hit precisely, executing the reverse short position flawlessly

Yesterday afternoon's price action perfectly aligned with the forecast. Here's a brief review.

During the Asia-Europe session, gold rebounded from low-level consolidation with obvious upward momentum. Combined with hourly chart structure, the lower support level was deemed effective with near-term upside potential. Therefore, chasing shorts was not recommended. Instead, a bullish view targeting 4700-4730 was provided.

Subsequently, the market rallied and successfully reached the 4730 target level. Upon touching that position, the strategy was adjusted in real-time based on price action — reverse short at 4730 to capture the pullback space after the rally.

From the subsequent price movement, gold encountered resistance near 4735.80. The high point area basically matched the forecast, and the reverse short position successfully captured this wave of pullback.

Overall, this rhythm of "first watching the rebound, then waiting for the high short" connected quite smoothly. Whether following the long positions to target or turning short at highs, there was good trading space.

Trading is all about rhythm. At key levels, avoid chasing and greed—just execute when levels are hit. We'll look for more opportunities in subsequent moves. Stay tuned for continued updates.