A brief weekend recap

This week’s market action was extremely similar to July’s, with repeated swings battering you and liquidity shrinking further. Gold in particular has been persistently squeezing out long positions, pointing to expectations of a Fed rate hike next week. Silver briefly fell below the low of its June–August range. Although the volume of silver’s current decline has not yet exceeded that of the late-June sell-off, this is happening amid numerous forces roiling the global situation—including escalating U.S.-Iran tensions, the Fed rate decision, midterm elections, and unrest in Europe—as we approach a moment that could trigger changes unseen in a century;
TradFi markets have also followed the turbulent situation, amplifying volatility. This is the best time for wealth to be redistributed: position yourself well, and wealth will flow into your pocket. If you lack patience and burn through your capital too early, you could miss the major opportunities of the next decade!
BTC support/resistance levels: 85150/81000/78425/75475
First, yesterday’s pending order can be executed once if it gets triggered over the weekend; there’s absolutely nothing wrong with that;
ETH support/resistance levels: 2695/2403/2345/2215
If last night’s initial position hasn’t been stopped out, just hold it until take-profit;
BTC/ETH have now made enough room to position for the Fed rate decision. Every new move down from here is a potential opportunity to build a medium- to long-term position;
If you’re still holding XAU, remember: reduce your position if volume picks up; if it doesn’t, hold on a little longer. Do not add to your position!
There isn’t much opportunity in U.S. stocks over the weekend; just see whether there’s an opportunity when the Korean market opens early Monday;
These trading suggestions do not constitute any basis for investment: The market is currently in a period of intense shakeout amid low liquidity. Be patient. We’ve made it through March/April and June/July/August; it’s barely been a month since September’s explosive one-week rally. Don’t lose patience at the last moment and miss the most important opportunity of the year. The convergence of multiple factors right now makes this both the riskiest and the most opportune moment. The focus isn’t on factors we cannot change, but on how we control our own emotions and trading!
#美股财报季