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Wow, what perfect timing on shorting BTC at 2360 a few days ago. Let me break down my current positions.
I entered gold at 4666 a few days ago and I'm currently underwater. I'm managing my liquidation price carefully with a plan to add an equal position at 3800, and set a stop loss around 3500. If I lose, so be it—I'm just playing around with a few thousand USDT. I won't add positions recklessly or hit stop losses emotionally. Planning to hold this for about six months. Long-term, I'm firmly bullish on gold.
Here's my intraday analysis. US stocks continue weakening with no clear reversal signals yet. Neither long nor short positions look suitable right now—we're at intermediate levels. The plan is to scalp around support levels.
Positions:
1. (Aggressive) Short-term longs can try around 2000, stop loss at 1960. Take profits early and reduce position to break even.
2. Bitcoin support at 65550 from last time, Ethereum around 1845. Can attempt longs here.
3. Gold showing daily-level reversal—consider entering 50% of total position, add an equal position at 3800. (I'm already in, so I won't add more)