That SPCX strategy we just talked about has already brought us some solid gains. The underlying currents are more worth watching than the surface volatility. $XAU held firm on its second pullback to the trendline, so I think those chasing shorts against the trend should be cautious. Look—the volume on each pullback has been smaller than the last, and selling pressure is clearly fading. After repeated tests, the support level is actually looking stronger. We don’t need to guess the top or bottom when trading; holding key levels is the best signal.
With crypto weakening, funds may seek shelter in gold, and safe-haven demand could put a floor under prices. If the resistance zone above breaks on strong volume, there’s room for prices to move higher. Of course, if support really breaks, we have to accept it—so use a stop-loss and don’t stubbornly hold on.
🟢 Trade direction: Long
📍 Entry range: 4139 – 4169
🛑 Stop loss: 4069
🎯 Take profit 1: 4199
🎯 Take profit 2: 4249
🎯 Take profit 3: 4299
🎯 Take profit 4: 4398
No need to chase the spotlight; it will find its way to you.
Stand alongside Sister Li, and let every moment resonate.
#XAU
Click below to trade 👇
With crypto weakening, funds may seek shelter in gold, and safe-haven demand could put a floor under prices. If the resistance zone above breaks on strong volume, there’s room for prices to move higher. Of course, if support really breaks, we have to accept it—so use a stop-loss and don’t stubbornly hold on.
🟢 Trade direction: Long
📍 Entry range: 4139 – 4169
🛑 Stop loss: 4069
🎯 Take profit 1: 4199
🎯 Take profit 2: 4249
🎯 Take profit 3: 4299
🎯 Take profit 4: 4398
No need to chase the spotlight; it will find its way to you.
Stand alongside Sister Li, and let every moment resonate.
#XAU
Click below to trade 👇