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August 31 Jinman Gold Morning Review: Gold Prices Break Through Support Levels to Test New Lows; Set Up Short Positions on the Rebound!
Last week, gold prices surged during the evening session, reaching an interim high of 4696.74 before quickly reversing and falling from the highs. Bearish forces erupted, sending prices lower all the way and through multiple key support levels in succession, with the low reaching 4432.66 and setting a new interim low.
The US Dollar Index seized the opportunity to rally strongly, serving as the core driver of this round of gold’s plunge. Combined with long posi
BTC0.20%
ETH0.48%
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I did nothing—just went to the restroom, and when I came back, the candlestick chart had already done the work for me. During the repeated intraday swings, I watched the upward pushes and saw they were clearly lacking momentum, with volume failing to follow. I casually placed one short position at 0.04307, without overthinking it—I just bet it couldn’t go higher. Unexpectedly, while I was washing my hands, it crashed straight to 0.03872. +486.38% secured—what a rush. This short position really delivered the answer.

The market is something you wait out, and profits are something you hold onto
LAB-0.42%
ADA-1.84%
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I originally wanted to cut my losses as a sacrifice, but the sacrifice never happened—the position roasted itself. The last time I checked before bed a few days ago, $RAVE was still hovering around 0.2259, looking half-dead, but the order book just didn’t look right—the sell orders suddenly thinned out.

I muttered then that someone was absorbing the selling, so there was no need to rush out. When I woke up this morning, 0.2681 gave me the answer directly. Staying up wasn’t for nothing.

+458.42% secured. I took profit on 80% first, and properly set the protective stop on the remaining 20%
RAVE-2.75%
ZEC2.28%
SNDK-1.30%
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#Bitcoin $82K supply cluster also marks the average cost basis of spot ETF holders.
That makes it both a technical resistance and a major break even zone, where some investors may choose to exit.
The first rejection was expected. A clean breakout and successful retest would be a strong bullish bitcoin:native confirmation.
BTC0.20%
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Layout for Bitcoin, Ethereum, and Dogecoin
gate liveLIVE
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My hand trembled slightly when I set the stop-loss a few days ago, only to find this morning that it was unnecessary filial piety😂 The last look before bed showed clear resistance overhead, with volume getting weaker the higher it climbed, and the bull trap feeling overwhelmingly obvious. I decided to enter a short at 0.21138—if it broke down, I’d exit; if not, I’d hold.
To be honest, this round of waiting wasn’t in vain. The current price is 0.12611, and $UB surged +990.01%—that feels incredible😎 The short position delivering this much has already exceeded expectations.
Being out of the mar
UB-3.39%
DOGE-2.07%
BNB0.00%
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📖 In Venezuela, the exchange rate has always had two sides: the official BCV rate and the parallel rate. The former is shaped by government interventions and calculations; the latter lives on the street, driven by the real supply and demand for bolívars and dollars. That is why, when there is money issuance, political expectations, or seasonal payments, the parallel rate reacts first, while the BCV usually follows behind. That history explains the rate you see today: it is not arbitrary, but rather a reflection of how much liquidity is circulating and how scarce the dollar is within the syste
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i am watching all of my coins at once on @clickdottrade
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I originally just wanted to mooch a free breakfast, but the market ended up giving me six months’ worth of dumplings. I spotted it as soon as the early-session dump began. While everyone else was panicking, I instead felt that an opportunity had arrived.
$TAC rebounded on no volume at the time, losing momentum the higher it went, with a strong bull-trap feel. The resistance above was obvious, and each rebound was weaker than the last—this was a classic fake move. I directly laid out the short setup: don’t catch the falling knife around 0.025734; wait for a pullback to short for a more comforta
TAC-3.08%
DOGE-2.07%
BTC0.19%
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O-sis Gold CFD scalping, swing trading, and trends; ETH swing trading and trends. Subscribe to the livestream room for 100 trades every day #BTC重返81000美元 #HYPE续创历史新高 #Strategy股价突破135美元
BTC0.20%
HYPE-3.37%
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The setup here looks undeniably favourable for the bulls.
At this stage it is hard to find argument for the bear case beyond the fact that Bitcoin has not made a local higher high above $82,700.
Currently, we are sitting above the:
- 1D 200 SMA + EMA
- 1W 50 EMA
- RSI back above 50 after oversold
Throughout Bitcoins entire history, when it has been in this position, it has confirmed that the low is secured.
If we were to proceed to new lows here, it would be the first time that it has ever happened after the above conditions were met.
Locally, we are consolidating between the 50EMA and 50SMA.
BTC0.20%
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Starting with 100U, a 100-trade plan, earning 10% each time
Currently at 11% progress
The funds have reached 285U
Last night, I opened a one-lot short position at an entry price of around 2528, with 0.8 ETH.
I originally planned to go all in. If I had gone all in, I would have made more today, but after the lesson from last time, I’ll be more cautious going forward. Drawdowns are truly hard to forget$ETH
ETH0.48%
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These returns have me feeling both grateful and uneasy, worried that the market will catch on tomorrow and blacklist me. While it was forming an intraday bottom, so many people called it worthless. I watched $VVV ’s trading volume quietly expand and funds discreetly enter the market, and I knew something was up. Went long and placed the order at 17.236; it’s now at 17.315, +29.63%. The wait wasn’t in vain, brothers. Don’t let profits inflate your ego, and don’t despair over pullbacks. Take profit on 80% first, then raise the protective stop for the remaining 20% and let it run on its own. Pani
VVV4.49%
ZEC2.28%
BNB0.00%
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$GT has finally risen a bit, now at around 6.6, which seems to be the absolute bottom. However, if this continues, the outlook remains unoptimistic. After all, there are only a little over 5,000 holder addresses. I still don't understand why there are so few. Ordinary people should participate cautiously. Of course, you could also take a chance—what if it surges above 24 like it did last year? The market is, in plain terms, a game of probabilities, so just keep your wallet under control!
GT-0.97%
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WWE wrestlers x financial markets
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$SOL $BTC $ETH
Be sure to be happy, be sure to be blessed, and be sure to be safe🥰
SOL-1.96%
BTC0.20%
ETH0.48%
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GOLD IS BACK 🤚
gate liveLIVE
52
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A few days ago, I nervously canceled my stop-loss. Looking at it today, it feels like I narrowly escaped. During the intraday plunge, the rebound was weak, and it was obvious no one was willing to buy into the move higher. I judged then that this rebound was a free gift.
Now 0.0403 has already crashed below 0.04561, with the position up +56.96%. Feeling good, brothers. Take 80% off the table first, and protect the remaining 20% at the entry price. Don’t give the profits back even if it rebounds.
Managing risk upfront is called rationality; cutting after taking a loss is called making a heroic
ETH0.50%
XRP-0.81%
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Week 67 check-in, this week's loss was 6,000; target 1.5 million (50+100 plan) - 329,000 market value) - 200,000 (withdrawal) + 200,000 deposit = 1.171 million.
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This isn’t a rebound—it’s a tube inserted into an account that was about to flatline. During the intraday plunge, every push upward was just short of enough, with insufficient buying support and a weak rebound. I placed a short at 152.22 at the time, and just checked: it’s been pushed down to 105.2, with +1488.2% credited. Feels damn good, brothers—now that I’m comfortable, I’ll light another cigarette. Close 80% first to take the big profits, and protect the cost price on the remaining position at +1488.20%, so even if it bounces back up, I won’t let the profits evaporate. Don’t grind away yo
BTC0.19%
ZEC2.28%
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