The recent decline in gold finally gives us an opportunity. The current price is indeed a good entry point for a bullish position.

Just hold the current price at 4427.71 to open a position, starting with 5% of your capital to test the waters. The key support level is around 4424.43. Once the price stabilizes above this level, increase the position to 8%. This risk management approach is relatively prudent.

The take-profit plan is as follows: when the price reaches 4466.87, take half of the position to lock in profits. If the market continues upward, hold the remaining position until 4995.39 to close all. This risk-reward ratio is approximately 1:3, making a 10%+ gain quite feasible.

However, one point must be strictly adhered to—if the price drops below 4220, exit immediately without hesitation. There is an important reminder for trading derivatives: use leverage of 1 to 3 times, and avoid overtrading. Strictly follow stop-loss rules; exit when necessary without hesitation.

This position in gold indeed presents an opportunity. As long as the plan is executed properly, expecting a 10%+ profit is reasonable.