#美SEC促进加密资产创新监管框架 After taking profit on precious metals short positions, don’t rush to bottom-fish

After taking profit on your short positions and securing your gains, it’s important to assess the situation clearly—the current correction is only in its first phase, and there’s still downward pressure at the bottom. If you’re looking for a real rebound? You’ll need to wait for a second test of the lows or a fresh new low before it can gradually move up.

At present, precious metals have completed a mid-range correction of $16. With the Fed’s rate decision coming up on Thursday, the market sentiment is very cautious. There likely won’t be major volatility before the decision, but there is structural support below, which creates a favorable setup condition.

**Trading strategy for the near term:**

For short positions, you can set up again in the 4185-4186 range, with a stop loss at 4196 and a target of 4172.

For long positions, wait until the price approaches 4170 or slightly breaks below this level before entering, using the support below to play the rebound. This way, your probability of success will be much higher.