I wake up every day with purpose because of people like you. Thank you for trusting the signals, the journey, and most of all yourself
[Sensitive timing โ A message to fellow gold traders]
At the moment, the Fed Chairman is delivering a speech regarding upcoming policies on potential interest rate hikes or cuts.
From my perspective as an individual investor, such speeches often serve more to influence investor sentiment than to provide clear direction.
Naturally, gold prices are likely to be heavily impacted โ both technically and psychologically.
Hereโs a sincere piece of advice:
In sensitive moments like this, we should:
โข Reduce our trade volume
โข Spend more time observing the market
โข And avoid getting caught up in short-term volatility that could lead to unnecessary losses.
Maintain discipline โ stay calm โ and always remember: not trading is also a trading decision.โ
At the moment, the Fed Chairman is delivering a speech regarding upcoming policies on potential interest rate hikes or cuts.
From my perspective as an individual investor, such speeches often serve more to influence investor sentiment than to provide clear direction.
Naturally, gold prices are likely to be heavily impacted โ both technically and psychologically.
Hereโs a sincere piece of advice:
In sensitive moments like this, we should:
โข Reduce our trade volume
โข Spend more time observing the market
โข And avoid getting caught up in short-term volatility that could lead to unnecessary losses.
Maintain discipline โ stay calm โ and always remember: not trading is also a trading decision.โ
๐ Gold Hovers Near Record Highs at $3,357 Amid Trade Uncertainty
๐ Gold prices held firm above $3,330/oz on Thursday, after a sharp 3% surge the previous day, driven by safe-haven demand as US trade policy remains in flux.
๐ The Trump administration is mulling new tariffs on semiconductors and pharmaceuticals, fueling fears of renewed global trade tensions.
๐ Meanwhile, Fed Chair Powell signaled patience on rate decisions, citing inflation risks and slower growth linked to tariffs.
๐ With China open to trade talks under certain conditions, markets remain on edge.
๐ Gold continues to shine as traders seek shelter from economic and geopolitical uncertainty.
๐ Gold prices held firm above $3,330/oz on Thursday, after a sharp 3% surge the previous day, driven by safe-haven demand as US trade policy remains in flux.
๐ The Trump administration is mulling new tariffs on semiconductors and pharmaceuticals, fueling fears of renewed global trade tensions.
๐ Meanwhile, Fed Chair Powell signaled patience on rate decisions, citing inflation risks and slower growth linked to tariffs.
๐ With China open to trade talks under certain conditions, markets remain on edge.
๐ Gold continues to shine as traders seek shelter from economic and geopolitical uncertainty.
Is anyone here? I have a few things I'd love to share as gold prices keep pushing higher - from the perspective of a trader with 10 years of experience, and more importantly, as someone whoโs here to support and walk this journey with you.
If you're here and ready to listen, drop me a quick TAP TAP ๐ ๐ฅ so I know you're with me!
If you're here and ready to listen, drop me a quick TAP TAP ๐ ๐ฅ so I know you're with me!
In trading, there are three main types of analysis that every trader should understand:
1. Fundamental analysis
2. Technical analysis
3. And most importantly โ Psychological analysis
Both fundamental and technical analysis can be learned through books, videos, or courses. But when it comes to trading psychology, there's only one true teacher: your own experience.
It's through your wins, your losses, and the emotions that come with them that youโll start to see whatโs really going on inside you. From there, you can draw lessons, build awareness, and evolve.
1. Fundamental analysis
2. Technical analysis
3. And most importantly โ Psychological analysis
Both fundamental and technical analysis can be learned through books, videos, or courses. But when it comes to trading psychology, there's only one true teacher: your own experience.
It's through your wins, your losses, and the emotions that come with them that youโll start to see whatโs really going on inside you. From there, you can draw lessons, build awareness, and evolve.
Trading psychology can be broken down into two key areas:
- Market psychology:
This is the collective mindset โ the FOMO when price surges, the panic when it drops, or the anxiety triggered by unexpected economic news. Our job is to recognize these emotional waves, analyze them, and avoid being swept away โ so we can protect our capital.
- Personal psychology:
This is about you โ your patterns, your emotional triggers, your habits. You need to learn to observe yourself:
When are you overconfident? When are you afraid? When are you reacting instead of thinking?
By doing this, you gain the power to control your emotions and only trade when you're in a healthy mental state.
Because trading with the right mindset leads to good decisions โ and good decisions lead to growth.
But if you let your emotions drive your trades, you risk falling into emotional chaos โ and thatโs how accounts get wiped out.
- Market psychology:
This is the collective mindset โ the FOMO when price surges, the panic when it drops, or the anxiety triggered by unexpected economic news. Our job is to recognize these emotional waves, analyze them, and avoid being swept away โ so we can protect our capital.
- Personal psychology:
This is about you โ your patterns, your emotional triggers, your habits. You need to learn to observe yourself:
When are you overconfident? When are you afraid? When are you reacting instead of thinking?
By doing this, you gain the power to control your emotions and only trade when you're in a healthy mental state.
Because trading with the right mindset leads to good decisions โ and good decisions lead to growth.
But if you let your emotions drive your trades, you risk falling into emotional chaos โ and thatโs how accounts get wiped out.
greed and fear in trading. These two emotional states can actually appear simultaneously and alternate. Letโs delve deeper into this:
โก๏ธ 1. Greed when fearing greater losses and refusing to cut losses
- This is a manifestation of the fear of loss, but it is masked by greed. When an investor sees their position in the red, they often hope that the market will turn around and they can break even or even make a profit. This mentality often leads to refusing to cut losses, as they donโt want to face the realization of the loss, even though it may be the most reasonable decision under the circumstances.
Consequences of not cutting losses:
- Losses grow larger: The market may continue moving against the prediction, and the loss will deepen, increasing emotional pressure.
- Stubborn mindset: The investor becomes more reluctant to cut losses as the losses mount because, at that point, accepting the larger loss becomes emotionally harder.
- Ignoring the original strategy: The failure to follow the pre-set strategy (cutting losses on time) leads the investor away from their trading plan, resulting in inefficient capital management.
Solutions:
- Plan ahead of time: Set stop-loss points beforehand and follow them strictly.
- Ask yourself when losing: Has the market changed, and is the decision not to cut losses based on new analysis or just hope?
- Risk management: Limit the amount youโre willing to lose on each trade and donโt let losses exceed that amount.
โก๏ธ 2. Fear of losing profits and not being able to maintain them
On the other hand, when a trade is profitable, investors often feel fear that the market will reverse and take away all their gains. This leads to taking profits too early or not holding onto a trade long enough to maximize its potential profit.
Consequences of taking profits too early:
- Missing out on greater growth opportunities: Markets often have prolonged trends, and exiting too early may cause investors to miss out on fully capitalizing on price movements.
- Profit limitation: Taking profits too early doesnโt allow the gains to reach their full potential, thus limiting the accountโs growth.
- Regretful mindset: After taking profits too early and seeing the market continue in a favorable direction, the investor may feel regret, which can lead to irrational trading decisions in the future.
Solutions:
- Set profit-taking points according to the plan: Identify take-profit levels based on technical analysis and long-term strategy, and stick to them.
- Use a trailing stop: This order moves the stop-loss point as the price moves in a favorable direction, protecting the profit while keeping the trade open.
- Donโt focus on minor fluctuations: If the strategy is clear and well-founded, trust it rather than worrying about short-term volatility.
The combination of greed and fear
In reality, greed and fear often coexist. When an investor is losing, they donโt want to cut losses due to fear of losing more. When theyโre making a profit, they fear the market will reverse and take profits too early to protect what they have. These two states create an emotional loop that is hard to control, preventing the investor from sticking to their trading plan.
Conclusion and overall solutions
- Control emotions with discipline: The most important thing is to maintain trading discipline. Both greed and fear can be controlled if the investor adheres to the strategy and plan set in advance.
- Focus on the process rather than short-term results: Successful investors understand that not every trade will be profitable, and the key is whether the trading process aligns with the strategy and principles of risk management.
- Develop mental toughness over time: Trading psychology can improve with experience and practice. Keeping track of emotions in a trading journal and review
โก๏ธ 1. Greed when fearing greater losses and refusing to cut losses
- This is a manifestation of the fear of loss, but it is masked by greed. When an investor sees their position in the red, they often hope that the market will turn around and they can break even or even make a profit. This mentality often leads to refusing to cut losses, as they donโt want to face the realization of the loss, even though it may be the most reasonable decision under the circumstances.
Consequences of not cutting losses:
- Losses grow larger: The market may continue moving against the prediction, and the loss will deepen, increasing emotional pressure.
- Stubborn mindset: The investor becomes more reluctant to cut losses as the losses mount because, at that point, accepting the larger loss becomes emotionally harder.
- Ignoring the original strategy: The failure to follow the pre-set strategy (cutting losses on time) leads the investor away from their trading plan, resulting in inefficient capital management.
Solutions:
- Plan ahead of time: Set stop-loss points beforehand and follow them strictly.
- Ask yourself when losing: Has the market changed, and is the decision not to cut losses based on new analysis or just hope?
- Risk management: Limit the amount youโre willing to lose on each trade and donโt let losses exceed that amount.
โก๏ธ 2. Fear of losing profits and not being able to maintain them
On the other hand, when a trade is profitable, investors often feel fear that the market will reverse and take away all their gains. This leads to taking profits too early or not holding onto a trade long enough to maximize its potential profit.
Consequences of taking profits too early:
- Missing out on greater growth opportunities: Markets often have prolonged trends, and exiting too early may cause investors to miss out on fully capitalizing on price movements.
- Profit limitation: Taking profits too early doesnโt allow the gains to reach their full potential, thus limiting the accountโs growth.
- Regretful mindset: After taking profits too early and seeing the market continue in a favorable direction, the investor may feel regret, which can lead to irrational trading decisions in the future.
Solutions:
- Set profit-taking points according to the plan: Identify take-profit levels based on technical analysis and long-term strategy, and stick to them.
- Use a trailing stop: This order moves the stop-loss point as the price moves in a favorable direction, protecting the profit while keeping the trade open.
- Donโt focus on minor fluctuations: If the strategy is clear and well-founded, trust it rather than worrying about short-term volatility.
The combination of greed and fear
In reality, greed and fear often coexist. When an investor is losing, they donโt want to cut losses due to fear of losing more. When theyโre making a profit, they fear the market will reverse and take profits too early to protect what they have. These two states create an emotional loop that is hard to control, preventing the investor from sticking to their trading plan.
Conclusion and overall solutions
- Control emotions with discipline: The most important thing is to maintain trading discipline. Both greed and fear can be controlled if the investor adheres to the strategy and plan set in advance.
- Focus on the process rather than short-term results: Successful investors understand that not every trade will be profitable, and the key is whether the trading process aligns with the strategy and principles of risk management.
- Develop mental toughness over time: Trading psychology can improve with experience and practice. Keeping track of emotions in a trading journal and review
GOLD SELL 3329.5-3331.5
TP1: 3327.5
TP2: 3325.5
TP3: 3319.5
SL: 3336.5
TP1: 3327.5
TP2: 3325.5
TP3: 3319.5
SL: 3336.5