This long position finally paid off. $XAU pushed all the way from 3988.05 to 4168.22, and +421.84% is already on the board. It's not luck — the structure was already off during the earlier period when it was holding steady and not dropping.



At that time, many were still waiting for a pullback. What really caught my attention was that the buying support at lower levels never stopped. Every time the bears pushed it down, it didn't continue; instead, it was quickly recovered.

I had already noticed this level earlier, so once it triggered, I didn't hesitate and followed this upward extension.

Now the profits have been realized. For those with heavy positions, you can take partial profits at a 70/30 ratio first, and for the rest, keep a trailing stop-loss and continue to watch for further upside.

Don't get carried away by profits, and don't just chase after a surge. The worst thing in trading is losing your rhythm.

If you missed it, don't rush. Wait for the next opportunity, and move when the entry is more comfortable.

$BTC $ETH
XAU0.54%
BTC2.46%
ETH1.69%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned