Today, Gold hit $3500.
And while that may not sound like a shock on its own, what is unprecedented is the fact that in the past 10 days, Gold has climbed 5,000 pips.
That's not a normal rally.
That’s a vertical explosion.
And yes — it is looking “overextended”, but so it dit at 3300...
But then it went up another 2000 pips.
Will it drop? Probably — and hard.
When? No one knows.
Will it rise another 2000 pips before that?
Again, no one knows.
This is where most traders lose themselves — not because they don’t have tools, but because they pretend to know what’s unknowable.
________________________________________
🎯 The Strongest Skill: Admit When You Don’t Know
Every trader wants clarity.
But real professionals know when they’ve entered the fog.
The market is not obligated to give you structure just because you want to trade.
And the worst trades often happen when:
• You think it's overbought (but it keeps going)
• You think it’s due for a correction (but it doesn't care)
• You think it can't go higher (but it does)
This isn’t analysis — it’s wishful thinking.
________________________________________
🧠 Do You Actually Have Edge? Ask Yourself:
1. Do I see a structured setup, or just a reaction to “how far it’s gone”?
2. Can I define my entry, stop, and exit in advance?
3. Am I trading because I have a plan — or because it feels like a top (or simply have nothing better to do)?
If you can’t answer these — you don’t have edge.
You’re just guessing with conviction.
________________________________________
✅ The Only Thing That Matters: A Valid Trade
If you’re going to trade this madness, make sure your trade is:
• Planned (with defined risk)
• Repeatable (not emotional)
• Based on structure or volatility patterns
Otherwise, it’s just ego vs. market.
And the market always wins that fight.
________________________________________
🧘♂️ Final Thought: When Things Get Wild, Stay Sane
There’s no shame in stepping aside when things make no sense.
In fact, that’s where the real skill begins.
“Knowing when you don’t know isn’t weakness — it’s your strongest edge.”
So take a breath.
Zoom out.
And wait for the moment when you actually know what you're doing — not just think you do.
________________________________________
And remember:
No setup, no trade. No clarity, no risk. No ego, no drama.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
And while that may not sound like a shock on its own, what is unprecedented is the fact that in the past 10 days, Gold has climbed 5,000 pips.
That's not a normal rally.
That’s a vertical explosion.
And yes — it is looking “overextended”, but so it dit at 3300...
But then it went up another 2000 pips.
Will it drop? Probably — and hard.
When? No one knows.
Will it rise another 2000 pips before that?
Again, no one knows.
This is where most traders lose themselves — not because they don’t have tools, but because they pretend to know what’s unknowable.
________________________________________
🎯 The Strongest Skill: Admit When You Don’t Know
Every trader wants clarity.
But real professionals know when they’ve entered the fog.
The market is not obligated to give you structure just because you want to trade.
And the worst trades often happen when:
• You think it's overbought (but it keeps going)
• You think it’s due for a correction (but it doesn't care)
• You think it can't go higher (but it does)
This isn’t analysis — it’s wishful thinking.
________________________________________
🧠 Do You Actually Have Edge? Ask Yourself:
1. Do I see a structured setup, or just a reaction to “how far it’s gone”?
2. Can I define my entry, stop, and exit in advance?
3. Am I trading because I have a plan — or because it feels like a top (or simply have nothing better to do)?
If you can’t answer these — you don’t have edge.
You’re just guessing with conviction.
________________________________________
✅ The Only Thing That Matters: A Valid Trade
If you’re going to trade this madness, make sure your trade is:
• Planned (with defined risk)
• Repeatable (not emotional)
• Based on structure or volatility patterns
Otherwise, it’s just ego vs. market.
And the market always wins that fight.
________________________________________
🧘♂️ Final Thought: When Things Get Wild, Stay Sane
There’s no shame in stepping aside when things make no sense.
In fact, that’s where the real skill begins.
“Knowing when you don’t know isn’t weakness — it’s your strongest edge.”
So take a breath.
Zoom out.
And wait for the moment when you actually know what you're doing — not just think you do.
________________________________________
And remember:
No setup, no trade. No clarity, no risk. No ego, no drama.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.