Precious metals are about to rise again. How high can they go tonight?
Currently, CPI data is on the way, and maintaining a low bullish stance is still the more stable approach. The wave of positioning provided this afternoon, some friends might have already locked in positions between 4580 and 4560. Now, it all depends on whether it can break through the 4630 level—once it succeeds, there is still plenty of room above.
The logic behind #策略性加码BTC and $XAU is actually similar; economic data has indeed been a key variable in recent weeks. Precious metals are particularly sensitive to risk sentiment, and after the CPI data is released, it may bring new directions. Instead of frequent trading, it's better to wait for a clear signal.
Low bullish positions are indeed a more reasonable rhythm at the moment—hold steady with the current amount, and consider adding positions after a breakout. This way, you can catch potential trends without being tormented by pullbacks.
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ZkProofPudding
· 23h ago
Friends stuck between 4580-4560 are probably watching the candlestick chart while eating now, just worried about breaking through the 4630 barrier.
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governance_lurker
· 23h ago
Whether to break through 4630 or not is the key; I'm just waiting for this signal.
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GasGasGasBro
· 23h ago
4630 is really a hurdle; if you can't overcome it, you have to admit defeat.
Precious metals are about to rise again. How high can they go tonight?
Currently, CPI data is on the way, and maintaining a low bullish stance is still the more stable approach. The wave of positioning provided this afternoon, some friends might have already locked in positions between 4580 and 4560. Now, it all depends on whether it can break through the 4630 level—once it succeeds, there is still plenty of room above.
The logic behind #策略性加码BTC and $XAU is actually similar; economic data has indeed been a key variable in recent weeks. Precious metals are particularly sensitive to risk sentiment, and after the CPI data is released, it may bring new directions. Instead of frequent trading, it's better to wait for a clear signal.
Low bullish positions are indeed a more reasonable rhythm at the moment—hold steady with the current amount, and consider adding positions after a breakout. This way, you can catch potential trends without being tormented by pullbacks.