Thought Moment

#Gold Jewelry Prices Plunge Overnight Good weekend, I'm Lin. Here's my take on gold right now: **1: The long-term downtrend hasn't changed.** Shorting is still the main theme. Look, a real structural rally? Not until September through December. That's just how it is. **2: Intraday, we're stuck in a range.** 4200–3960. That's 23 trading days of this nonsense. So here's what I do — as long as the daily structure holds, I open positions around the range's support and resistance. Simple stuff. Before a breakout? It's just back-and-forth. Boring. Predictable. After a breakout? I follow the trend. No hesitation.