Unfortunately, gold did not continue to rise in the US market after the European market continued to rise yesterday.

1. This is already two consecutive trading days of European market surges, and the US market has not continued, with a significant adjustment.

2. Continuously breaking highs without accelerating, the bulls are somewhat stagnant.

Looking back at the Fridays of the previous three weeks, they were all rising and falling, and today is another Friday. Coupled with the fact that both Japanese and American stock markets have fallen, it is likely that today's market will not last long.

Today, we must guard against the risk of Friday's pullback.

Originally, there was no risk of rising in the morning. Speaking of yesterday:

1. Emphasize that if you go long, don't wait. When the position you want comes, the trend will also weaken.

2. Time is big, even if we look at the European market breaking high, it will also break high.

3. Unfortunately, the US market did not continue, it just did not have strong momentum.

After the early morning strength, there was originally little risk in the morning, but now the position is very awkward. Unless we continue to see through the high, there is no room for improvement. This means we won't be able to enter the game this morning.

For bulls who cannot enter the game, it is necessary to guard against a pullback in the evening.

After all, the lessons learned from the past, whether it's the pullback of the previous two days or the decline on Friday, they are all precedents.

This makes the operation relatively simple.

1. Without an empty signal, we will never guess empty, so we will definitely wait and see during the day.

2. Lower watershed 2925. Upper watershed 2955

3. The strength at the time point is still in the European market.

4. If the European market is weak or stagnant in a sideways trend today, then the US market will have a bearish game cycle.

5. Today cannot be too much, as the current pace and timing carry hidden risks of retreat.

In a word, be cautious of the drawdown cycle on Friday.

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