$XAUUSD 4H Technical Analysis. (7/01/2024)

Ask for advice on how to manage trading positions in order to achieve long-term stable profits?

What is the essence of trading profit?

How is AI changing the way trading works?

Given that fundamental analysis often means going through loads of data like spreadsheets and SEC filings, is it possible that AI could trade so accurately that it makes human decision-making unnecessary? Also, how has AI already become a crucial part of advanced trading methods? And if I'm just an individual trader, how can I start using AI in my trading, and what could trading look like in the future if AI becomes a must-have tool?

How to effectively find the entry point?

If you want to make money in trading, what principles do you need to understand?