#BTC资金流动性 Mid-February Gold Market Observation: The market has been fluctuating repeatedly these days, with plenty of voices for long positions, but my view is a bit different - shorting at high levels feels more solid.

From a technical perspective, the wedge breakout on the 4-hour chart clearly lacks sufficient strength, and the daily chart has formed a high position doji, which is a signal. The price has indeed reached a new high, but here comes the problem — the trading volume is shrinking, indicating that the enthusiasm for chasing prices has cooled down. This kind of comparison often leads to profit-taking sell-offs.

The position for gold can be tried for long positions in the range of 4345-4350, with a stop loss set at 4360. The targets below are aimed at 4320, 4300, 4280, 4260, and 4240. Assess the risk and reward at each position and be flexible. This is the rhythm of the commodities market; patience is more valuable than haste.