That wave of USELESS positioning just now—we’ve already locked in profits with confidence. Everyone is waiting for a direction, but my feeling from the chart is that behind those deceptive accumulation maneuvers, there may be a trap. In this round of rebound, $XAU , even though the price is moving upward, the volume can’t seem to keep up. This kind of divergence makes me uneasy.
Let’s look at it from another angle: if this is truly a strong reversal, why is it that whenever price approaches that pressure zone, the buy side hesitates every time?
Instead, I believe this is creating room for short sellers. Structurally, the swing high is getting lower, and the reliability of support is weakening. I choose to respect this weak formation and set up a bearish bias. The core logic of this trade is simple: the rebound is an opportunity, not a signal.
🔴 Trading direction: Short
📍 Entry range: 4363 – 4401
🛑 Stop loss: 4421
🎯 Take profit 1: 4322
🎯 Take profit 2: 4282
In still waters, deep reserves of foresight lie far ahead; when the market rises and falls, remain calm and composed.
Walk with Fei Jie, and interpret the surging tides of wealth.
#XAU
Click the button below to trade 👇
Let’s look at it from another angle: if this is truly a strong reversal, why is it that whenever price approaches that pressure zone, the buy side hesitates every time?
Instead, I believe this is creating room for short sellers. Structurally, the swing high is getting lower, and the reliability of support is weakening. I choose to respect this weak formation and set up a bearish bias. The core logic of this trade is simple: the rebound is an opportunity, not a signal.
🔴 Trading direction: Short
📍 Entry range: 4363 – 4401
🛑 Stop loss: 4421
🎯 Take profit 1: 4322
🎯 Take profit 2: 4282
In still waters, deep reserves of foresight lie far ahead; when the market rises and falls, remain calm and composed.
Walk with Fei Jie, and interpret the surging tides of wealth.
#XAU
Click the button below to trade 👇