#美国证券交易委员会推进数字资产监管框架创新 Gold prices opened with volatility today, swinging up and down — a true reflection of a turbulent market.
By the afternoon, the market began to recover. The hourly chart retreated to near the morning’s resistance level — around 4205. I entered several long positions at that time, and the price moved up to 4215, allowing me to take profits and exit the longs.
However, this price level showed clear resistance, so I reduced half of my position at 10 o'clock to lock in gains. The remaining position continued to look upward, with a target of 4223. Trading is about following the trend — take profits when you can, don’t be too greedy. $BTC $ETH
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
6
Repost
Share
Comment
0/400
TokenomicsTherapist
· 8h ago
Oscillating trades, just beware of getting itchy and not reducing positions. The 4205-4223 move this time was quite decent. Take profits when needed; otherwise, you risk getting slapped back.
View OriginalReply0
0xLostKey
· 12-11 09:19
The market is volatile like this, with a quick-money rhythm, and the greedy have all been caught.
View OriginalReply0
SeasonedInvestor
· 12-11 09:15
Damn, I also entered at 4205 during that wave, but not as decisively as you. I'm still holding it now, haha.
View OriginalReply0
GateUser-26d7f434
· 12-11 09:08
That piece 4205 is indeed hard to break. I also entered in batches and greedily took a loss, haha.
View OriginalReply0
NFTBlackHole
· 12-11 09:08
Once again, the market is fluctuating wildly, really exhausting. But your entry at 4205 is indeed stable, and I give full marks for the operation of taking profits when seeing gains. Many people are greedy and uncontent, ultimately getting trapped. I'm also watching 4223, let's keep observing and not rush.
View OriginalReply0
SchrodingerPrivateKey
· 12-11 08:55
The morning wave of volatility was truly intense, I felt like I got caught directly in a long position at 4205... Fortunately, I managed to rescue myself in the afternoon, otherwise my mindset would have blown up today. Greed is really the biggest taboo in trading.
#美国证券交易委员会推进数字资产监管框架创新 Gold prices opened with volatility today, swinging up and down — a true reflection of a turbulent market.
By the afternoon, the market began to recover. The hourly chart retreated to near the morning’s resistance level — around 4205. I entered several long positions at that time, and the price moved up to 4215, allowing me to take profits and exit the longs.
However, this price level showed clear resistance, so I reduced half of my position at 10 o'clock to lock in gains. The remaining position continued to look upward, with a target of 4223. Trading is about following the trend — take profits when you can, don’t be too greedy. $BTC $ETH