The recent market trend has presented a good opportunity. Gold showed a classic double-top signal around 4592, which often indicates short-term resistance in technical analysis. Decisively shorted at 4592, the price subsequently fell back as expected to 4578, securing a profit of 14 USD.
To be honest, the key to this move was not luck, but understanding the trend rhythm and technical signals. The market offers opportunities every day, but those who truly succeed are the traders who can read candlesticks and see through support and resistance levels. $XAU will also be influenced by the US CPI data this week, so the subsequent trend warrants continued attention.
Additionally, $PEPE and $BEAT have had several trading opportunities recently. Cryptocurrency assets are quite volatile, so risk management needs to be more cautious. The most important thing in trading is to have confidence in your strategy—knowing when to be aggressive and when to be conservative.
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TestnetScholar
· 5h ago
Double needle topping is really a classic signal, very much like catching the bottom
$14 USD stable returns are good, but you need to keep a steady mindset
Gold has been quite volatile recently, CPI day might be explosive
The crypto sector is too risky, playing with $PEPE is not feasible
Clear strategy is the most important, random operations are just giving away money
In this kind of market, it's better to be cautious and not gamble
Will gold prices continue to be suppressed? Hard to say next week
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StopLossMaster
· 5h ago
Double top breakout is real, just not sure when it might be misused.
This wave is indeed stable, but the 4578 level is a bit risky.
Gold still depends on the Fed's stance this week; CPI might cause some trouble again.
PEPE is too wild; risk management really needs to be a priority.
That's right, mindset is more valuable than technical analysis.
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HypotheticalLiquidator
· 5h ago
Double needle topping is indeed beautiful, but in this market, the borrowing rate has soared. Be cautious of the domino effect of chain liquidations.
Just making 14 USD isn't enough; the key is whether the next CPI release will directly trigger systemic risk...
For volatility monsters like $PEPE and $BEAT, poor liquidation price management can really cause casualties.
Making a profit of 14 USD sounds comfortable, but in a market with such low risk control factors, I wonder if we can survive next week.
Honestly, it's a gamble on Federal Reserve sentiment. If the data comes out and triggers liquidation in one second, that's what we should really be worried about.
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BetterLuckyThanSmart
· 5h ago
Double needle top and gained 14 points, luck really plays a role
But before the CPI data is released, we still need to keep an eye on it. Gold might see bigger fluctuations this week
Tokens like PEPE carry too much risk. I still trust technical analysis more
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ProofOfNothing
· 6h ago
The double needle top theory is getting a bit tiresome to hear, but the key still lies in execution.
Hitting 14 points steadily is good, but gold is too easily confused by central bank news.
CPI day, a lot of people are probably going to get liquidated.
I really don't understand coins like PEPE, they're just pure gambling.
The recent market trend has presented a good opportunity. Gold showed a classic double-top signal around 4592, which often indicates short-term resistance in technical analysis. Decisively shorted at 4592, the price subsequently fell back as expected to 4578, securing a profit of 14 USD.
To be honest, the key to this move was not luck, but understanding the trend rhythm and technical signals. The market offers opportunities every day, but those who truly succeed are the traders who can read candlesticks and see through support and resistance levels. $XAU will also be influenced by the US CPI data this week, so the subsequent trend warrants continued attention.
Additionally, $PEPE and $BEAT have had several trading opportunities recently. Cryptocurrency assets are quite volatile, so risk management needs to be more cautious. The most important thing in trading is to have confidence in your strategy—knowing when to be aggressive and when to be conservative.