It has rebounded again, and it is clearly a bull-trap move. It came back up but still cannot hold above the level; even if it does hold for a moment, it is only temporary. As the saying goes, where it rose from, it will fall back to. The current trend is bearish, and every rebound is a catalyst for the decline. Don’t talk about how much it has already fallen!
But do you remember where it started rising from? This drop is still only at the beginning. With no news to support it, why would it be bullish? It has risen so much, and those who should cash out are already cashing out. Why would it keep rising!
Chasing longs now is probably exactly like going long at 5000 back then!
At the moment, this is only the second round. The real gold price is below 3000, between 2700 and 2200, and there is nothing to argue about. Time will prove it!
Open your eyes every day and just go short. As long as there is a rebound, we short it. Whether it is oscillation or rebound, as long as there is an opportunity, short it. In the last dance at dawn, 4022, short directly and look for 4000 to break. If a rebound comes, add to the short. Anyway, no matter what, just short it and control your position size! Promise me you will short it!!$XAUT #据报韩国考虑第四次推迟加密税 #富兰克林邓普顿申请股息转比特币ETF
But do you remember where it started rising from? This drop is still only at the beginning. With no news to support it, why would it be bullish? It has risen so much, and those who should cash out are already cashing out. Why would it keep rising!
Chasing longs now is probably exactly like going long at 5000 back then!
At the moment, this is only the second round. The real gold price is below 3000, between 2700 and 2200, and there is nothing to argue about. Time will prove it!
Open your eyes every day and just go short. As long as there is a rebound, we short it. Whether it is oscillation or rebound, as long as there is an opportunity, short it. In the last dance at dawn, 4022, short directly and look for 4000 to break. If a rebound comes, add to the short. Anyway, no matter what, just short it and control your position size! Promise me you will short it!!$XAUT #据报韩国考虑第四次推迟加密税 #富兰克林邓普顿申请股息转比特币ETF