To summarize, 😎
I wanted to relax over the weekend and closed shorts on #GOLD and #Silver
-- funding fees is incredibly high over the weekend; it's better to open a new position in the first hours of trading for the new week --
At the same time, I'm haunted by the "idea fix".
A downtrend in gold and silver, in order to reverse upward, must coincide with a downward reversal in the crypto market.
The expected relief move up for #bitcoin is almost complete (there's very little left).
But for the majors, the expected breakout from the range hasn't happened yet.
Therefore, I'm long on the majors with targets set at previous lows.
We'll see how this idea plays out.
LTCUSDT
Perp
56.08
0.00%
SOLUSDT
Perp
86.64
+1.07%
BTCUSDT
Perp
78,096.8
+1.00%