The gold market still maintains a bearish outlook without wavering. The current trading strategy is straightforward: whenever there is a high point in the night session, cleanly close long positions, and immediately implement stop loss if there are losses, never holding on stubbornly. Recently, this is the third time a short order has been placed near the key support line at 1016 (using high leverage), each time testing the pressure at this price level. The future plan is as follows: either face losses again and continue to exit with stop loss, or if the price reaches a new high, continue to position new short orders. This rhythm is neither greedy nor fearful; it operates according to the established risk management framework.
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OnchainArchaeologist
· 12-23 17:53
Have you tested it again on 1016? Dude, is this repeatedly confirming support or just giving away money?
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WhaleShadow
· 12-23 17:45
1016 is back? Can it break this time, brother?
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RealYieldWizard
· 12-23 17:39
1016 is back again, can it really break this time...
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Short positions have been holding on for so long, aren't they afraid of being reversed?
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Playing at the same position with high leverage three times, that's really bold.
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The stop loss discipline has been well executed, but what’s the intention behind repeatedly testing 1016?
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I like this kind of steady approach, don't go all in every day.
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Sitting at 1016 again, this support for gold is really strong.
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The risk control talked about on paper and actual execution are two different things.
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Frequent shorts at the same price level feel like gambling.
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I agree that not holding on to the end is good, but high leverage + repeated testing...
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Is this line at 1016 really that critical? I can't see it.
The gold market still maintains a bearish outlook without wavering. The current trading strategy is straightforward: whenever there is a high point in the night session, cleanly close long positions, and immediately implement stop loss if there are losses, never holding on stubbornly. Recently, this is the third time a short order has been placed near the key support line at 1016 (using high leverage), each time testing the pressure at this price level. The future plan is as follows: either face losses again and continue to exit with stop loss, or if the price reaches a new high, continue to position new short orders. This rhythm is neither greedy nor fearful; it operates according to the established risk management framework.