In terms of gold, the trend of devouring yang has risen, and the price has reached a high point of 2940.

So breaking high is just a stone's throw away!

Why do we always emphasize stereotypes? Let's emphasize the importance of stereotypes:

1. We are never people who walk and look, and if the direction does not meet expectations, we just observe. However, fixed thinking is to find a form that follows the direction.

If you define it as bullish, then all corrections are analyzed in the direction of bullish.

If you define it as a decline, then when it rises, you will constantly guess the top, constantly short, and constantly think about a pullback.

Especially when the trend market is heavy and both long and short positions are taken, there is basically no concept of the trend, it is just making a fool of it.

Taking the trend of the past two days, let's give our own example:

1. In terms of market definition, we believe in risk prevention and a wait-and-see approach. One is to wait for a pullback, but to see a correction.

Although there were two retracements at the opening on Monday, the overall day was volatile and there was no significant reference.

3. Tuesday is a crucial day as the daily chart turns positive. If you define it as a strong trend, it is definitely a game where the daily chart continues to rise. Keep bullish. But if you still define long positions as risky, then you dare not go too far.

Yesterday's most classic position was 2912-3! Rising in the morning, the European market has been sideways.

The operation in a sideways market must be a direct layout, not rising when it falls, and not falling when it rises.

The original principle of following the trend was to place orders in the direction of the previous sideways trend. If you are worried that the upward trend is false, then continue to wait and see. The US stock market experienced a significant increase.

This is a fixed pattern, you must continue to watch long, it is certain that there will be more US stocks. But defining a long position carries risks, which is to wait and see.

Remember, without a clear downward signal, we will definitely not be short, at least not guessing the top. A short must have a form of being short. Instead of a game of decline.

Today, the price has reached 2940 again. The third test, should we see through this?

Still stuck in the pattern, strong in the early morning without retreat, extremely strong closing, prices near the high point, then this position is not resistant according to bulls. It should be done very strongly between 7-8 am in the morning.

Currently, the price has risen and fallen, reaching 2924, while yesterday's US market rose and fell back to 382 levels.

Pay attention to two points:

1. In the morning, the correction of rising and falling is crucial for the European market, and strength must be seen in the rise of the European market.

2. A position that quickly retracts, do not expect to continue falling. The lower the position, the weaker the upward momentum.

So, just keep going, break 2920, draw and leave, focus on 2943-45

This is still a mnemonic:

1. The previous day's rise, continue to be bullish, the European market must be bullish, the European market breaks high, and the US market looks to continue.

If the European market falls, 2940 will be suppressed again, and the US market will be meaningless.

All performances are in the European market.

The above only represents the author's personal views and opinions. Investment carries risks, and caution is required when entering the market