The essence of trading is not how much profit can be made in a single trade, but whether one can achieve long-term and stable profitability.
Gold encountered resistance near 1860 and fell back. It is about to reach the short-term support level of 1840-1845, which is in line with expectations. Therefore, the next step is to patiently wait for the support level to arrive.
In terms of operation, you can directly open a long position at 1840-1845 with a stop loss at 1832 and a target at 1860-1865.
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Note
1850 is supported, and aggressive traders can buy long with a small position.
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