The sharp drop in gold was due to China stopping its purchases after 18 months. However, most people opened short positions, so I expect a price rebound to hit their stop losses before continuing the downward trend. Therefore, I will enter a highly leveraged short-term buy position. Good luck if you intend to join. As usual, my stop loss will be triggered by a 15-minute candle close, not just by the price touching the stop loss area.
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