Chen Jie’s public analysis this morning clearly reminded everyone that, with the daytime session close to overhead resistance, it was unwise to chase the price higher. Instead, patiently wait for a pullback into the 4155–4165 range to buy near support. As expected, the market then pulled back to provide an entry point. After stabilizing, it steadily climbed, successfully capturing a 19-point move.
Most people struggle with trading because they see a rally, fear missing out, and rush to chase it—only to get shaken out by even a slight pullback. Understand how resistance at the middle band and support at the lower band shift, and keep your hands off until the price reaches your level. Follow Chen Jie’s lead and execute your planned entries; the day’s move can then be captured steadily: #xau $XAU
Most people struggle with trading because they see a rally, fear missing out, and rush to chase it—only to get shaken out by even a slight pullback. Understand how resistance at the middle band and support at the lower band shift, and keep your hands off until the price reaches your level. Follow Chen Jie’s lead and execute your planned entries; the day’s move can then be captured steadily: #xau $XAU