#MSCI未来或纳入数字资产财库企业 Intraday real-time: Gold just broke 4691, reaching a new high again.
To be honest, this wave of gains is quite fierce. Under the extreme short squeeze trend, many people are following the trend and going long, but looking at the divergence signals on the candlestick chart, I feel a bit uneasy. The market has reached a point where it's actually a good opportunity to reverse and set up short positions.
From a technical perspective:
The most comfortable entry zone for short positions is between 4695 and 4705, with the stop placed above 4715.
As for targets, proceed in stages: first watch 4660, then 4620, followed by 4580 and 4540. The trend of $BTC should also be closely monitored these days, as the correlation between gold and cryptocurrencies remains quite evident.
Instead of blindly following the trend, it's better to wait for this contrarian opportunity. The timing is right in front of you.
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NFTArchaeologist
· 21h ago
I also noticed the divergence signals; they are indeed a bit unreliable.
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RunWithRugs
· 21h ago
I've also noticed the divergence signals, but I hesitate to act, fearing a washout. The 4715 support level is indeed crucial.
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consensus_whisperer
· 21h ago
4691 hits a new high again, but this divergence signal really can't hold up anymore. The opportunity for reverse short positions has indeed arrived.
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DAOdreamer
· 21h ago
Wait a minute, with such obvious divergence signals, are there still people going long? I really can't hold back anymore, haha.
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LiquidationWizard
· 21h ago
This wave of gold is really a bit outrageous. The divergence signals have already appeared, yet people are still buying in. I just don't understand.
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zkProofInThePudding
· 22h ago
Hmm... I'm also looking into divergence signals. Your short position idea still has some merit.
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SelfSovereignSteve
· 22h ago
Well, I also noticed the divergence signals, and the 4715 support level definitely needs to be closely watched.
#MSCI未来或纳入数字资产财库企业 Intraday real-time: Gold just broke 4691, reaching a new high again.
To be honest, this wave of gains is quite fierce. Under the extreme short squeeze trend, many people are following the trend and going long, but looking at the divergence signals on the candlestick chart, I feel a bit uneasy. The market has reached a point where it's actually a good opportunity to reverse and set up short positions.
From a technical perspective:
The most comfortable entry zone for short positions is between 4695 and 4705, with the stop placed above 4715.
As for targets, proceed in stages: first watch 4660, then 4620, followed by 4580 and 4540. The trend of $BTC should also be closely monitored these days, as the correlation between gold and cryptocurrencies remains quite evident.
Instead of blindly following the trend, it's better to wait for this contrarian opportunity. The timing is right in front of you.