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It looked like it was stubbornly holding on a few days ago, and today it just smashed the answer out! 📉🎉 This morning I opened the market screen and saw $XAU moving down—my first reaction was: that kind of high-level fake strength from a few days ago finally couldn’t keep it up. 👀
A few days ago, when I was watching XAU at around the early morning, the price kept trying to nudge upward, but volume didn’t follow. After the spike, it immediately went soft, and the selling pressure above was very obvious. 👀
At the time, I judged that this setup wasn’t suitable for chasing longs—instead, you should keep an eye on the shorts realizing profits—so I executed the long around 4571.21. ✅💰
Now the price is at 4176.52. From 4571.21 to here, +85.66% has already been taken. ✅💰
To be honest, the grinding before that was really annoying, but once the direction finally showed up—that moment was also genuinely satisfying. Don’t be afraid of it grinding; what you fear is panicking first. Once you understand, execute—don’t hesitate at the very last step. 🔹📌
As for position management, don’t be greedy. First, close 80% 🔹📌 . The remaining 20% is protected by the cost price—if it keeps dropping, let the profit run on its own. Don’t disrupt the rhythm just for that last bite 😎 . If you didn’t catch it, don’t chase 🚨 . Chasing the tail is easy to get hit—wait for the pullback to confirm, wait for the next clear signal, and then when you fire again, look for a steadier spot 🔔
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