The recent gold market movement is a bit disappointing. I was waiting for the 4640 level, but it never quite reached that point, so I didn't set a take-profit order. Honestly, I missed quite a few opportunities along the way, but fortunately, I still managed to gain a $14 increase, with $8,100 credited to my account, so it’s been somewhat rewarding.
From the current trend, maintaining a low-buying strategy in the short term seems more prudent. The price is hovering around the 4620 level, and the performance in the upcoming European and American sessions is worth watching. This level is neither particularly strong nor weak; the key is whether new catalysts will emerge. If it can hold steady at the support level, there is room for an upward test; if it breaks below, a reassessment of risk is necessary.
At this stage, instead of chasing highs, it’s better to wait for a better entry point. Patience always pays off.
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DAOdreamer
· 8h ago
Rounding down means no profit. I've heard too many stories of close calls.
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TrustMeBro
· 8h ago
Almost hit 4640, this feeling is really amazing... but $8100 is still okay, greed is the biggest enemy in trading.
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ChainDetective
· 8h ago
Almost reached 4640, this feeling is really uncomfortable... But getting 8100 is also pretty good.
Hold on to the long positions, there might be a chance in the European and American markets, wait for the catalyst.
Chasing highs really makes it easy to get cut, better to be patient and wait for a lower entry point.
The recent gold market movement is a bit disappointing. I was waiting for the 4640 level, but it never quite reached that point, so I didn't set a take-profit order. Honestly, I missed quite a few opportunities along the way, but fortunately, I still managed to gain a $14 increase, with $8,100 credited to my account, so it’s been somewhat rewarding.
From the current trend, maintaining a low-buying strategy in the short term seems more prudent. The price is hovering around the 4620 level, and the performance in the upcoming European and American sessions is worth watching. This level is neither particularly strong nor weak; the key is whether new catalysts will emerge. If it can hold steady at the support level, there is room for an upward test; if it breaks below, a reassessment of risk is necessary.
At this stage, instead of chasing highs, it’s better to wait for a better entry point. Patience always pays off.