XAU: Summary of Binance Killers Community Discussion (12:00:10 ~ 13:00:10)

1. The current recommendation is to buy on long, focusing on the 5,000 support level. The price structure shows higher lows, suggesting potential for further short-term gains. However, momentum is weakening at the 5,100 resistance level. A break above 5,100 would target 5,200; a break below 5,000 would likely lead to a deeper pullback to the 4,900-4,800 area. Caution is advised regarding the risk of a pullback, and chasing highs should be avoided. 2. Position and Risk Management Recommendations: It is recommended to initiate a trial order or enter with a small position. Once the price stabilizes and breaks through 5,100, you can gradually add to your position. A stop-loss order is suggested below 5,000, and a take-profit target is set around 5,200. For short-term trading, closely monitor the key price levels of 5,000 and 5,100, and adjust your position flexibly to avoid being trapped by a slowdown in momentum around 5,100. 3. Suitable for a conservative short-to-medium-term trend following trading style, combined with 4-hour chart structure for swing trading. Currently, there are no clear catalysts, so aggressive chasing of the rally is not recommended. However, a tentative position can be established using the 5,000 support level, with additional positions added after a breakout above 5,100. Trading tips: Rebound encounters with resistance present an exit window; quick in and quick out, and be wary of momentum exhaustion leading to a pullback.