Chen Jie publicly reminded everyone this morning to go long at the lows. I wonder how many friends took his advice. The market surged on heavy volume this evening, precisely reaching the first target of 4155 set before the market opened and steadily delivering a 44-point swing.
Most people chase rallies and sell off in a panic during the trading session: when prices rise, they fear a pullback; when they fall, they dare not hold on. They end up surrendering their positions for nothing amid the volatility. The support level and target were laid out before the market opened. Understand the structure and be patient, and the opportunity will arrive right on target. Keep in step with Chen Jie, set aside the second-guessing, and profits from a major swing will naturally be locked in decisively. #xau $XAU
Most people chase rallies and sell off in a panic during the trading session: when prices rise, they fear a pullback; when they fall, they dare not hold on. They end up surrendering their positions for nothing amid the volatility. The support level and target were laid out before the market opened. Understand the structure and be patient, and the opportunity will arrive right on target. Keep in step with Chen Jie, set aside the second-guessing, and profits from a major swing will naturally be locked in decisively. #xau $XAU