Gold breaks high again but don’t chase the rise!

28 Ogo

The public strategic idea was fulfilled again. The gold strategy suggested shorting at 3398, and it fell to around 3385 as expected. Congratulations again to the friends who followed. They arranged a long order at 3384 again, and exited the market at around 3397 as expected. They also arranged a short order at 3407, and successfully reached the profit target of 3395, with an overall gain of 420pips.

Gold broke through and rose above the 3400 mark. The current high is around 3315. It first hit 3408 and then fell back to 3394. Finally, it climbed from 3394 to 3415. The overall trend is still a slow rise and short squeeze. It also tested our new high. So what should we do after gold rises again?

Overall, gold is still bullish, but it has now reached the pressure position of our daily upper track, which is around 3420. Therefore, given the high risk of chasing highs, it is recommended to look for a round of retracement around 3420 or even 3430. After all, it is currently close to a high resistance position, so this short position must be tried!

28 Ogo

Dagangan aktif

Once you enter the market, you must have the courage to fight it. Cowardice will only set us back further; only by moving forward courageously can we achieve what we desire. Trading is a tortuous journey, not a smooth one. I believe many people see the beauty of the outside world, only to wonder why the risks are always so high? It's because they don't see the reality clearly! We can't change market risks, but we can control them. Since entering this market, I have remained true to my original aspirations. Profits can only be achieved by controlling risks, but as long as we can seize opportunities diligently and adhere to the correct trading logic, we can quickly turn losses into profits. Without a sound system, one lucky break is a lucky break, and two lucky breaks are also lucky breaks, and ultimately, only losses await us!

29 Ogo

Dagangan ditutup: sasaran tercapai

Gold's trend, as planned, has steadily risen to resistance near 3423. Technical resistance is evident, and the short-selling strategy has been precisely triggered, signaling a period of profit-taking. The overall performance is highly consistent with expectations, demonstrating a proactive and well-executed strategy, further validating the logic of robust trading. This is the foundation of our early investment strategy, and the reason we're already reaping profits while you're still hesitating. Opportunities wait for no one; with the right cadence, profitability is only a matter of time.