Every time at the beginning of the month, the market goes crazy like a mad cow, and then crashes in the middle of the month. Many times, this has been the script. Just now, the specific new high of Bitcoin was only a few hundred points away. This wave has left the market stunned; behind the madness, the crisis is even greater. The technical aspect is still ineffective, and those who followed the trend have completely exited the market. Let others chase after it; we will hit short hard!
123500 short, the first target is 115000, the second target is 105000.
Ether short around 4600, targeting 3600!
At the beginning of September, I was still saying that October would enter the tail end of the bull market, and now it has already started!
History will remember today. The technical aspects have completely failed. If you are trading short-term, remember not to hold positions overnight. Today, the decision in the European and American markets will reveal whether the market sentiment continues to rise or takes a path of fluctuation and decline. We will know tonight!
I see a huge opportunity!
If you want to seize the position, just go in and short. It's never just a gamble; profits and losses come from the same source!
After chasing long positions, you can't hold them for too long. Right now, only chasing long positions aligns with the public's psychology (this is worth deeper consideration).
Markets swung back and forth, with flexible shifts between long and short. Went long on rebounds and flipped short at resistance—smooth execution, and all three trades paid off.
I told everyone at midday: you could short near the highs!
The market played out exactly as planned: it ran up to 4190, ran out of steam, then dropped straight to 4164—a full 26 points. Those who kept pace came through this move just fine. No guessing needed—the warning signs of resistance were there on the chart all along. If you know how to read them, opportunities are there.
💪 The beauty of a choppy market is that there are opportunities in both directions!
Go long at the lows and short at resistance—three solid trades brought in a total of $4,852. The biggest mistake in trading is stubbornly sticking to one direction. If you can identify support and resistance and adapt flexibly, you can still profit in a range-bound market. #Gold#
Went long near 4174, then reversed and went short at the 4181 resistance. One round trip captured the entire range, and two trades wrapped up with $2,000 in profit.
In a ranging market, don’t fixate on one direction. When a turning point arrives, switch your approach—and the opportunities will keep coming.
Gold made a technical recovery overnight after testing the lows. Strong support below helped prices rebound from their lows, and gold is currently consolidating around 4172 as it gathers momentum.
On the weekly chart, prices remain confined within a broad trading range, with bullish and bearish momentum balanced and no clear directional trend established. For the market to open up further upside, prices must hold firmly above the top of the range to confirm a breakout from the consolidation pattern. Until then, prioritize a range-trading approach.
Trading Recommendations If a rebound reaches the 4190–4205 resistance zone and meets selling pressure, consider opening short positions. Staggered targets: 4170 → 4145 → 4110. Maintain strict risk controls, and do not anticipate a breakout before it occurs.
No matter how lively the charts get, nothing beats the peace of mind of seeing the money hit your account. The best outcome isn’t a dazzling figure on paper, but money safely in your pocket. Stay true to your purpose and keep moving forward steadily 💰
The market tempts you every day. When prices rise, people shout “bullish”; when they fall, they shout “bearish.”
I only trade market conditions I understand. I enter when it’s time to enter, without hesitation, and take a stop loss when I should, without stubbornly holding on. Profits are built up one trade at a time, not won by gambling.
The purpose of trading was never the illusion of watching your account balance grow without end. It’s about following the rules, locking in profits, and turning unrealized gains into real returns. Don’t rely on a one-off windfall. Build on a repeatable rhythm and strict risk management to bring your gains home safely. Stay true to your original purpose and keep moving forward steadily.
Spot gold edged lower in early trading and is currently trading around 4167. After spiking overnight to test 4172, prices showed signs of weakness and stalled, remaining range-bound near the highs. To be clear, this is merely a corrective rebound after a sharp decline, not a trend reversal.
1-hour chart: The upward channel of the rebound from the lows remains intact, but the MACD red bars are shrinking steadily, indicating continued fading bullish momentum. A short-term pullback and consolidation may be due; 4-hour chart: Prices are rising gradually, but selling pressure overhead is becoming increasingly apparent. The upper Bollinger Band is acting as strong resistance, limiting further upside.
Trading Advice Avoid blindly chasing the rally in early trading. If prices rebound into the 4172–4200 resistance zone and show signs of stalling or long upper shadows, consider a small short position. Downside targets are 4152 and then 4132.
Six intraday gold trades, flexibly switching between long and short positions. Small losses from trial and error are acceptable—what matters is catching the swings when the market direction is clear.
There are wins and stop-losses; that’s real trading. The goal isn’t to win every trade, but to achieve positive returns overall.
Long-term success depends on a complete set of rules, not godlike predictions.
Morning update: Gold faced resistance around 4155, offering a short opportunity. After briefly spiking to 4161 in a bullish fakeout, it reversed and fell to 4131, delivering a 30-point downside move.
Resistance levels aren't picked at random; they're signals revealed by the market structure.