Gold 4742.86, Silver 75.70
Those who just entered haven't had time to be happy, and the market has already given a slap.
This market is currently the easiest to hurt people.
It's not the drop.
It's the rise that makes people think they understand.
$XAU The gold high point has been established,
it's still hovering above.
$XAG The silver high point has been established,
it has already started to slide down.
So don’t be in a hurry to shout together strong.
It now looks more like
Gold is still holding on,
Silver has already shown signs of weakness.
I’m still doing the same thing here.
Place orders in advance,
If it reaches, I'll do it,
If not, it’s fine.
No chasing, no changes, no sudden decisions.
In these situations, FOMO is the easiest way to give away money.
Tonight, first watch the US ISM Manufacturing PMI.
This data is the first step tonight.
If it comes out strong,
The dollar will turn around,
This wave of gold and silver highs will likely be taken for profit first.
Then silver is likely to first look at
74.10—73.90
Then look at 73.70—73.40
If weaker, look at 73.10—72.80.
Gold will first look at
4710—4698
Then look at 4688—4665
If deeper, look at 4655—4635.
But if tonight's data is not that strong,
or the dollar continues to weaken,
Then tomorrow's Asian session still has a chance to test above.
Gold above will first look at
4728—4743
Then look at 4743—4758
Reserve above 4758—4778 / 4795—4820.
Silver above will first look at
74.45—74.60
Then look at 74.80—75.00
Then look at 75.20—75.40
The core is still 75.40—75.70.
Reserve above 75.90—76.30.
My own observation is very simple.
As long as gold can still hold steady,
Silver still has a chance to recover.
But as long as gold relaxes,
Silver will likely drop first.
So here I won't bet on rising or falling,
Just wait for the position.
When the time comes, I’ll enter; if not, I’ll just watch.
Discipline and position control always come first.
#XAUUSDT #xagusdt #GOLD #Silver $XAUT
Those who just entered haven't had time to be happy, and the market has already given a slap.
This market is currently the easiest to hurt people.
It's not the drop.
It's the rise that makes people think they understand.
$XAU The gold high point has been established,
it's still hovering above.
$XAG The silver high point has been established,
it has already started to slide down.
So don’t be in a hurry to shout together strong.
It now looks more like
Gold is still holding on,
Silver has already shown signs of weakness.
I’m still doing the same thing here.
Place orders in advance,
If it reaches, I'll do it,
If not, it’s fine.
No chasing, no changes, no sudden decisions.
In these situations, FOMO is the easiest way to give away money.
Tonight, first watch the US ISM Manufacturing PMI.
This data is the first step tonight.
If it comes out strong,
The dollar will turn around,
This wave of gold and silver highs will likely be taken for profit first.
Then silver is likely to first look at
74.10—73.90
Then look at 73.70—73.40
If weaker, look at 73.10—72.80.
Gold will first look at
4710—4698
Then look at 4688—4665
If deeper, look at 4655—4635.
But if tonight's data is not that strong,
or the dollar continues to weaken,
Then tomorrow's Asian session still has a chance to test above.
Gold above will first look at
4728—4743
Then look at 4743—4758
Reserve above 4758—4778 / 4795—4820.
Silver above will first look at
74.45—74.60
Then look at 74.80—75.00
Then look at 75.20—75.40
The core is still 75.40—75.70.
Reserve above 75.90—76.30.
My own observation is very simple.
As long as gold can still hold steady,
Silver still has a chance to recover.
But as long as gold relaxes,
Silver will likely drop first.
So here I won't bet on rising or falling,
Just wait for the position.
When the time comes, I’ll enter; if not, I’ll just watch.
Discipline and position control always come first.
#XAUUSDT #xagusdt #GOLD #Silver $XAUT