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$PAXG 🔥There will be U.S. March CPI data at 8:30 PM tonight.
1. During times of poor market liquidity and chaotic volatility before the data, if the data is below expectations, "gold will benefit," and short positions will be directly trapped.
Those who haven't opened positions yet, now is a very high-risk time to open before the data.
2. For rebounds, sell high; patiently wait for the price to rebound to the 4780~4800 range for signs of stagnation, such as an upper shadow or RSI overbought. Then try a light short position, with a stop loss above 4815, aiming for 4750~4730.
3. Breakout shorting: if after the CPI data, the price drops sharply below 4740 with volume and the 4-hour chart confirms a downward move, you can short short-term, targeting 4700~4680. Remember, do not chase unless the level is broken.