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Seeing $XAU the market chart I know, this long position is not a fake move this time.
Earlier, it was repeatedly testing around 4533.39, and after the price stabilized at a key level, it started to strengthen, with the bullish momentum gradually opening up. My strategy is to go long.
Now the price has already reached 4545.11, and the profit and loss percentage has reached +24.04%, this profit margin has been realized.
Next, stay steady first, take 75% profit, and keep the remaining 25% to see if there is a second wave.
Protect the profits first, and the remaining position must have a stop loss. A retracement later is normal; those who haven't entered yet wait for the next signal.
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