I haven't talked about gold in a long time, and everyone's been asking me to. So let me start with this: hold it, don't move.
There were so many opportunities around 3800 and 3900. Haven't I already said everything that needed to be said? What more do you want?
I really didn't talk about it when it was above 3800. It wasn't convenient for me to speak at the time—I was silenced, and I couldn't get my videos out. But I did talk about it in the group. For now, just hold it until before December 8, then look at the data and decide whether to stay in or get out. It's that simple.
Honestly, gold traders really should learn from seasoned stock investors, especially those trading China's A-shares: they do their research after getting stuck in a position. You guys don't study gold prices or COT positioning; you just keep your eyes on influencers, listening to whoever says it will rise to some level by year-end or next year, and hitting like nonstop.
Actually, I won't tell you this: as long as gold hasn't broken below 4082, a brief spike down that immediately rebounds doesn't count; as long as there's no structural damage, the rebound structure is still intact, and the outlook remains tilted to the upside.
Would I tell you that? No, no, no.
$XAU $PAXG #黄金 #GoldPrice
(Not investment advice. DYOR)
There were so many opportunities around 3800 and 3900. Haven't I already said everything that needed to be said? What more do you want?
I really didn't talk about it when it was above 3800. It wasn't convenient for me to speak at the time—I was silenced, and I couldn't get my videos out. But I did talk about it in the group. For now, just hold it until before December 8, then look at the data and decide whether to stay in or get out. It's that simple.
Honestly, gold traders really should learn from seasoned stock investors, especially those trading China's A-shares: they do their research after getting stuck in a position. You guys don't study gold prices or COT positioning; you just keep your eyes on influencers, listening to whoever says it will rise to some level by year-end or next year, and hitting like nonstop.
Actually, I won't tell you this: as long as gold hasn't broken below 4082, a brief spike down that immediately rebounds doesn't count; as long as there's no structural damage, the rebound structure is still intact, and the outlook remains tilted to the upside.
Would I tell you that? No, no, no.
$XAU $PAXG #黄金 #GoldPrice
(Not investment advice. DYOR)