$XAU is experiencing strong selling momentum during the last noon of the year. Guys, don't rush to catch the bottom, wait for it to sell down further to the H4 support to see what happens. The price is moving just like the nonfarm from a few months ago
$XAU is experiencing significant volatility on the reopening day. Overall, there is a downward force, but there are still some green candles to trigger short positions. Everyone should consider trading.
If everyone is looking for a stable token, with a wide margin, especially only moving forward and not backward, then refer to the US gold.
It is important to reiterate: limit shorting and do not hold shorts. I have witnessed many people adding leverage to hold shorts since the gold was only at $1,900 and ended up losing everything.
If you don't like trading gold on Binance, you can support me with a link for 100% cashback on ex. Contact me on te.le: @dangvy9. Thank you!!!!
For those trading FX and gold, you are probably familiar with the product $XAU already. If you are looking for a stable token with a wide range, especially one that ONLY GOES UP AND NOT DOWN, then consider American gold. The important thing to keep reminding is to limit shorting and not to hold short positions. I've witnessed many people pouring money into holding shorts since gold was only 1.9k 2k$ and ended up losing everything. If you guys don't like trading gold on Binance, you can support me with a 100% cashback link on ex. contact me at te.le: @dangvy9. Thank you!!!!
Pippin has a slight release rhythm but returns to the 0.2 zone right after and is still continuing to move sideways, while the funding fee is still draining the money of short sellers. It is better to set a long position at 0.5u instead of shorting to gradually lose money. $PIPPIN