At dawn, the U.S. Federal Reserve came out: no rate hike, but three voters voted to raise rates. Powell didn’t mention the words “rate cut” at all throughout. Gold surged from 4047 straight to 4081. I stared at the screen thinking, finally, it moved—then at 3 a.m. it got smashed back again. When I woke up in the morning, it was 4066. Turns out all that sleepless waiting was for nothing.
This kind of trend is the most annoying. You say go short—since there wasn’t a rate hike, there’s support underneath. You say go long—these hawks are dying, and the moment it goes up someone slams it. A $50 range, sweeping back and forth. What are you supposed to do? You get it wrong doing anything.
I was short at 4102. Yesterday I closed half at 4068, and there’s still 0.01 lot left open. I originally planned to wait for 4020, but now I think forget it—around 4066 is about enough. Anyway it’s only 0.01. It’s only a matter of making a few dozen bucks, not worth watching the screen all night again.
In the group, everyone analyzes this and that—things like “structural consolidation” and “waiting for a directional breakout.” Honestly, it just means they don’t know which way it’s going. My strategy right now is one word: wait. Wait for PCE, wait for the data, wait for it to pick a side. Until it chooses, doing nothing is the best move.
This week, don’t get carried away. In a choppy range market, it’s easiest to give back everything you earned earlier.
Go to sleep. 💤
#黄金 #交易员日记 #USD1持币生息最高8% #Strategy首次回购STRC
This kind of trend is the most annoying. You say go short—since there wasn’t a rate hike, there’s support underneath. You say go long—these hawks are dying, and the moment it goes up someone slams it. A $50 range, sweeping back and forth. What are you supposed to do? You get it wrong doing anything.
I was short at 4102. Yesterday I closed half at 4068, and there’s still 0.01 lot left open. I originally planned to wait for 4020, but now I think forget it—around 4066 is about enough. Anyway it’s only 0.01. It’s only a matter of making a few dozen bucks, not worth watching the screen all night again.
In the group, everyone analyzes this and that—things like “structural consolidation” and “waiting for a directional breakout.” Honestly, it just means they don’t know which way it’s going. My strategy right now is one word: wait. Wait for PCE, wait for the data, wait for it to pick a side. Until it chooses, doing nothing is the best move.
This week, don’t get carried away. In a choppy range market, it’s easiest to give back everything you earned earlier.
Go to sleep. 💤
#黄金 #交易员日记 #USD1持币生息最高8% #Strategy首次回购STRC
