Not suitable. A negative gold td premium indicates that the trends of domestic gold and international gold are quite different. It means that the worse the ability of domestic gold to withstand falling prices, it is not suitable for long positions. Gold is divided into international gold (quoted in US dollars) and domestic gold (quoted in RMB), the difference after the exchange rate conversion between the two is the premium.

Domestic gold futures trading hours: Monday to Friday 9:00-11:30 am and 1:30-3:00 pm, excluding night trading***, totaling 4 hours, night trading Trading: 21:00-2:30 am, no trading on statutory holidays.