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After this one move, the fake strong momentum from a few days ago is fully exposed! 📉😎 For my last look at $XAU before bed, it was still pretending to be solid at a high level, but what I saw was weak rebounds, bids that wouldn’t follow through, and continuous sell pressure overhead.
A few days ago, in the early morning when I was watching XAU, every time price surged up it always fell short. Several attempts couldn’t hold the ground 👀🔹 In this kind of market, I don’t go chasing the excitement. Back then, I warned to treat it as being capped under resistance at the highs, and executed a long around 4,571.21.
Now from 4,571.21 to 4,075.89, the return is +107.54%. Closing the short was clean and decisive 🎯💰🔥 When it’s time to take profit, don’t act calm.
Don’t fear it grinding—fear that you panic first.
If you’ve understood it, execute—don’t hesitate at the last step.
For positions, first close 80% and put it in your pocket ✅📌 The remaining 20% is moved to the cost price for protection. If it keeps selling off further, we can hold off a bit—if it rebounds back, we won’t let the profit feel bad 🔔
If you didn’t get on the ride, don’t chase 🚨 Chasing from behind is easy to get hit. Wait for the next clear signal, and then act again at a more comfortable position.
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