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Everything that goes against the trend is "retail investor behavior", and gold has reached a new high!
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Hello everyone, today XM Foreign Exchange will bring you "[XM Official Website]: Everything that goes against the trend is "retail investor behavior", and gold reaches new highs!". Hope this helps you! The original content is as follows:
Any behavior that goes against the trend is "retail investor" behavior.
No matter what role you play, it doesn’t matter whether you are a trading veteran or a newbie. The role only determines the position, and the behavior really determines winning or losing.
Your previous cognitive frame is not the enemy of today, but the "hero" of your past. It can achieve you in the past and educate you in the face of trends. The owner of a gold shop has cognitive dissonance when his gold exceeds 480 yuan. It is impossible, absolutely impossible. I have never seen it before after 30 years of working in gold recycling.
Standing in front of the trend, the hero who made you successful in the past must be "retired". When the new system www.xmtraders.comes online, the old system must be shut down. This is not a denial of your previous knowledge, but it is no longer needed, even if this "hero" may have saved you in the past.
A person's cognitive structure will not automatically collapse, nor will it disappear suddenly. There is right and wrong structure of cause and effect, because it can make sense in the cause and effect chain, and even if it is wrong, it will be automatically attributed.
For example: why I was liquidated because I didn’t set a stop loss or had a heavy position. Why I didn’t catch the trend was because I was afraid of buying at a high position. These can all be explained.
When you stand at the structural level, these entanglements will disappear naturally.
Heavy position + stop loss + emotional + chase the rise and kill the fall = liquidation. This is not decided by you, this is the inevitable outcome of this structure. You are just spinning around in the structure. As long as you do the above actions, it is only a matter of time before your position is liquidated. This is not your fault, it is just that you chose the wrong structure.
Another set of structures: control reasonable positions + strict stop loss + calm judgment + just wait for the right position = profit. The result of replicating the profit structure is already determined. It does not matter how good your trading skills are or how high your success rate is.No matter how much the market fluctuates, you will naturally be rewarded if you use a profitable structure to do things.
The reshaping of a person's cognitive structure must be swallowed up by a larger structure. The original cognitive cause and effect can be clearly explained and explained. Only when the cause and effect cannot be explained or cannot bear the consequences of the cause and effect, the original structure will naturally collapse.
Understand the world from the structural level, and you will no longer worry about whether others are consistent with you. Some people have heavy positions, some have light positions, some people make money, and some lose money. It can all be explained. Everyone chooses a different structure. When the structures are connected, they will naturally connect, and when they are incompatible, they will automatically disconnect. You will no longer worry about whether your values are aligned with yours, let alone try to change others.
Finally, I have a message for everyone: You have been busy in the market but you are not present, you are not in your own transactions. The past is not your enemy, but the hero of the old era, but now you do not live by it.
Let’s talk about the gold market:
Over the weekend, risk events have continued to pile up, and gapping higher has become the norm. The United States’ actions against Venezuela caused the gold price to jump nearly 100 US dollars, and then the gold price jumped more than 100 US dollars due to the Greenland sovereignty conflict. This morning, it was also affected by the weekend tariff conflict, and the gold price jumped more than 100 US dollars. The escalating geopolitical risks stimulated gold.
In the blink of an eye, gold has reached 4,700 US dollars, and the RMB gold price has stood firm at the 1,000 yuan mark. Today, gold is the world of retail investors, with strong unilateral rises hitting new highs repeatedly. The veteran traders are not getting the meat, but the novices are getting positive feedback from the new cognitive attribution. Strengthen, make money when you buy, then buy again when you make a profit. If you hold on, you can www.xmtraders.come back. If it falls, you can hold on. It’s not because the old guns don’t understand the trend. It’s because they have been severely beaten by carry orders in the past and know the final outcome of the carry orders structure. However, novices don’t hold back and think: You are a bunch of old guys who have no courage.

The 1-hour structure shows that "Half Black Friday" was staged last Friday. Why did I say half? In Is Friday Red or Black? Where will gold prices go? 》The article reminds us to be careful about gold suddenly selling short and selling long. It dropped to 4530 US dollars during the session on Friday and lost nearly 100 US dollars. If the position is not controlled well, it is estimated that it will not see the rise today. It rebounded in the late trading and took advantage of the trend to hit a new high this morning. It has increased by 200 US dollars from the low of last Friday to now. Looking at the history, it clearly says: Never seen before.
Today, the key points for gold prices to retreat are the top-bottom transition and the position of gapping higher in early trading. 4640 and 4620 US dollars measure the dividing point between long and short. In other words, if you hold here and continue to bully, the gap has already been owed for three times. It is difficult to cover in the short term. Just go long based on the support of 4640 and 4620 US dollars.
The above content is about "[XM official website]: Everything that goes against the trend is "retail investor behavior", and gold reaches new highs!" It is carefully www.xmtraders.compiled and edited by the XM foreign exchange editor. I hope it will be helpful to your trading! Thanks for the support!
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