How to deal with being trapped in a short position for XAUUSD?
Updated
Against the backdrop of continued safe-haven demand, XAUUSD has repeatedly broken through previous highs. Today, it attempted to establish a short position near 1940, but immediately chose to exit as soon as the market broke through the previous high, because new highs are sure to appear after breaking through previous high points. Sometimes a small loss is a gain for me.
However, it is expected that many market participants have entered short positions and are currently trapped. In the short term, the market is expected to further rise, and the focus is on whether the United States will have relevant policies coming out over the weekend to stabilize the market's panic sentiment. If the safe-haven sentiment can dissipate, XAUUSD will certainly experience a wave of high-rise and fall trend. If you currently have a significant amount of trapped capital, you can leave me a message, and I will provide you with the most accurate strategy. At the same time, I will also share my personal operations for reference.
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