As soon as i woke up, i check Binance Square and saw huge articles claiming $XAU and $XAG crashed causing; not in MILLIONS, not in BILLIONS but in TRILLION DOLLARS of loss💔💔💔💔💔💔
I was so shocked as I had checked my charts and everything before sleeping and no bearish trend was visible so far. I started researching and i found out, "GOLD AND SLIVER DIDN'T CRASH AT ALL".
Let's brreak it down what actually happened?
Exchanges raised margin requirements on Gold and Sliver - meaning traders had to post more money to hold positions, which caused traders to settle their positions and SELL💸💸
Traders selling caused huge spike of bearish for a momentum, which caused other sellers to PANIC SELL, which further made downward fall💸💸
Political and Global traders are not stable during this period which further assured traders and investors to sell, whcih again caused downward fall💸💸
In conclusion, Gold and Sliver are still strong and bullish. Few hours bearish doesn't mean it "CRASHED" ❤️❤️❤️❤️
Market Sentiments: Still positive and bullish💗💗💗💗💗💗However, i suggest to be cautious and trade carefully taking every necessary steps. BUT DON'T TRUST EVERYTHING, RESEARCH YOURSELF, CHECK YOURSELF, ANALYSIS YOUR CHARTS AND NEWS CAREFULLY 👍👍👍
@Binance Square Official #StrategyBTCPurchase
