The medium- to long-term short setup in the 4165–4195 range, identified in advance by Zhou Zhanwang and Chen Jie, acted as an absolute ceiling for the market throughout. Price repeatedly turned lower from this resistance zone, making two major one-way declines: the first phase fell smoothly by 65 points, while the second saw a high-volume plunge that added another 118 points. Together, the two swings delivered 183 points.
The key to trend trading is not frequent trading, but patiently waiting for the right moment while keeping your eyes on the key levels. Identify structural resistance, hold your medium- to long-term positions, and give the trade time to play out—profits from high-conviction setups will multiply in time. #xau $XAU
The key to trend trading is not frequent trading, but patiently waiting for the right moment while keeping your eyes on the key levels. Identify structural resistance, hold your medium- to long-term positions, and give the trade time to play out—profits from high-conviction setups will multiply in time. #xau $XAU