Haven't chatted in a long time—$XAU , come let’s talk a bit.
Ever since the FOMC rate hike was confirmed, I went long from 4293 to 4400, closed the position, and I haven’t touched gold since. The reason is simple: there’s no high-certainty setup anymore.
Just look at gold’s 4H candlestick chart—the moment you glance, you can tell it’s a tough market, right? 😂 After the FOMC hike, the rebound was a high-probability event, so I got involved in that trade.
Now, on the news front, there’s no clear major bullish or bearish catalyst for gold, and the technical side is kind of awkward and indecisive—so what do we do? My choice is to step aside.
Meanwhile, BTC over there has been smooth sailing. I opened my BTC long and my gold long at the same time, and I only fully closed them after last night. This week, if you’re trading BTC, I think most of you should be in easy, profitable territory—the holding experience is also really comfortable. No grinding at all.
Trading needs to be a bit sly: go where it’s straightforward. Clearly, BTC from the past week has been an easy mode—so put most of your focus into the crypto market.
When gold finally starts moving with volatility and trend, I’ll come back. Until then, do less and watch more 😇
Ever since the FOMC rate hike was confirmed, I went long from 4293 to 4400, closed the position, and I haven’t touched gold since. The reason is simple: there’s no high-certainty setup anymore.
Just look at gold’s 4H candlestick chart—the moment you glance, you can tell it’s a tough market, right? 😂 After the FOMC hike, the rebound was a high-probability event, so I got involved in that trade.
Now, on the news front, there’s no clear major bullish or bearish catalyst for gold, and the technical side is kind of awkward and indecisive—so what do we do? My choice is to step aside.
Meanwhile, BTC over there has been smooth sailing. I opened my BTC long and my gold long at the same time, and I only fully closed them after last night. This week, if you’re trading BTC, I think most of you should be in easy, profitable territory—the holding experience is also really comfortable. No grinding at all.
Trading needs to be a bit sly: go where it’s straightforward. Clearly, BTC from the past week has been an easy mode—so put most of your focus into the crypto market.
When gold finally starts moving with volatility and trend, I’ll come back. Until then, do less and watch more 😇
