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After new highs in gold, traders are most likely to make three common mistakes
Whenever gold hits a new high, the market typically exhibits three typical misconceptions:
1️⃣ Missing the trend because "it's too high"
2️⃣ Going all-in during the early stages of a pullback
3️⃣ Mistaking short-term fluctuations for trend reversals
In fact, the healthiest trend is often characterized by high-level consolidation + slow upward movement. If every pullback is quickly bought up, it actually signals strength.
In terms of trading, I prefer to:
* Avoid emotional trades
* Wait for retracement to structural levels before participating
* Use small positions for trial and error instead of betting all at once
In a trending market, controlling the pace is much more important than guessing the top or bottom. #现货黄金再创新高