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#数字资产市场动态 Gold prices have fallen, but I got in early to short.
The precious metals market has been quite aggressive today. Silver dropped nearly 9% in the first hour of the morning session, honestly, such a level of smashing is rare. Silver led the collapse, and the support line for gold also crumbled.
Recently, there's a pattern in the market: explosive volatility at the opening and towards the end of the US session, with the middle period mostly sideways grinding. Catching these two time windows is manageable; other times, entering the market is mostly just riding along. But today, silver's abnormal movement broke the rhythm—it was warning from the start.
I also identified the support level in the early session; technically, it's a standard bullish pattern. But I didn't take action. Why? I know the disease of "addiction to catching the bottom." When I make profits, I get overconfident and chase; when I lose, I blame the wrong entry point. In such unconventional markets, missing an opportunity is better than holding on and getting beaten up.
After missing the best entry point, the situation becomes awkward. Gold price retraced to 4500, thinking of going long? Setting a stop-loss at a support level is really difficult—aiming at 4500 seems too greedy, moving it to the previous low of 4472 feels too far away. This kind of dilemma, I believe you’ve also experienced.
I found a key detail: after a big drop, gold usually rebounds quickly, rarely does it stay dead at the bottom. This actually indicates that the decline is more likely a shakeout, and the bearish signals are still uncertain.
According to the original plan, as long as gold reclaims the trendline, I look for opportunities to go long. But it got stuck near the trendline and even pressed down—this is a signal. I immediately placed a light short at 4415, with a stop-loss at 4430.
Everyone saw what happened later; it really broke below.
Now, gold has broken out of the recent technical channel. Even if there are fluctuations later, today I still lean towards bearish. The key level to watch is 4500; although it may not be the perfect signal, sometimes trading just requires this kind of decisiveness. Once it encounters resistance at this level during a rebound, I plan to move the stop-loss up to 4510 to test whether the bearish trend can continue.
Market volatility is always present; what’s scarce is the calm mindset to respond. $BTC $BNB $SOL