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On Monday, people expected the decline, but did not plan to break the position. Repeated washes shook the original strategy, and decisive moves were made to let profits run, and the Asian and European markets It continued to rebound and test the high point. Although silver performed strongly, the spot bullish temptation remained. The spot precious metal tested the high point again, and then fell in a waterfall style, ushering in the long-awaited short seller.
In fact, when the Asian and European markets rebounded to spot precious metals, the lows tested three times in a row did not break. I thought at that time that the limit of the decline should be that this was the first trading day of daylight saving time. However, let me change my strategy and cancel the decision to hold the short target for the mid-term, and give up the long idea in the blog post. The main point is the time point of the breakout. After the spot precious metals have broken down, there is no irrelevant data on Monday itself. From the time From a spatial point of view, the probability of reversal is almost zero. Even if it rises in the early morning, there is absolutely a chance to operate on Tuesday. There is no need to make an uncertain order and stay overnight. If the position is broken, short the position decisively. The number of tests is too many. As long as it falls, it will become Press hard.
Perhaps you had too many thoughts and took too many actions on Monday. I don’t blame you for this. I understand you better. The spot precious metals must have stopped falling and silver has broken through and risen, even if you don’t listen to my advice. , and also did a lot. What I don't understand is why you should take a heavy position. Is it because you are very optimistic or are you sure that it will rise? Do you have a reason to convince yourself? In addition, there is no stop loss. When the time comes, you ask Gods and gods everywhere for help. Is it because the market is too fast or there is a lot of funds, so you don’t set a stop loss and want to float, but the result is that the float really goes up as you expected. And unwilling to bear the losses caused. Now the US dollar is definitely not willing to give up, and I still want to wait a little longer, but it has already broken. My friend, this is a fact. If the weekly line falls sharply, you will be worried in the days to come.