$XAU/USD (XAUUSD.CFD)$ The move is about to begin. Today’s A...
$XAU/USD (XAUUSD.CFD)$ The move is about to begin. Today’s Asian session will be even more unpredictable than the U.S. session.
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ez money ez go/I will post my realized profits and losses/day expiration options trader
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106601536 : This wave is exactly the same as the artificial market crash a few weeks ago, hitting you unexpectedly all of a sudden
U-235 106601536 : Wall Street needs a reason to reap the market; last time it was Wash, this time it's the non-farm payroll data. With a good reason, the market can be led to believe in a trend reversal, prompting bulls to voluntarily close positions and sell.
realDecayedTooth OP 106601536 : This time we have multiple bearish factors stacking up：CPI, Shanghai raising margin requirements, and the Chinese New Year holiday.
From the U.S. price action, it’s clear the bears aren’t aiming for the current level. They’re likely targeting a move after 8 p.m. Eastern Time, hoping that Chinese participants will help accelerate the selloff.
106601536 realDecayedTooth OP : Then, next week is the Chinese New Year, and China's market will be closed for many days. Many domestic investors are speeding up selling, fearing that the US will do what it did in October—corner them while the market is closed, right? Then, when China’s market isn’t open, the US pushes gold prices up sharply. So, will gold surge again during the Chinese New Year next week? Hahaha