Just opened a short position on $XAUUSD 📌
Invalidation is at 4650 but the real invalidation would be a clear daily close above this FVG. For comparison, here is the $DXY we also came back into this FVG.
I had already explained the inverse correlation between these two assets if the dollar maintains its bullish momentum, gold should continue lower.
Everyone was short at 66K, then they were all long at 78K, and soon they’ll all be bearish at 72K. It’s classic but nothing is more powerful in trading than crowd psychology.
If you see people taking positions without being able to clearly explain their reasoning, you have an 80% chance of profiting by simply doing the opposite. They trade with emotions and the market is built to exploit them.
That’s exactly why trading is one of the hardest things.
$BTC long limit remains unchanged. 📌
We’re patiently waiting, literally nothing to do since last week.
For me 73–72K is still the key level inside this HTF structure. If we break this demand with a clean daily close below, my bias will flip. But as long as we hold above it, there’s no reason to be bearish right now.
$DXY nothing changes until there’s a major shift. 📌
The bullish rally is just getting started. If you’ve been following me for the past few months and shared the same view, you probably caught the tops on several assets like $XAUUSD, $EURUSD, $GBPUSD... as well.
The next bullish wave is only getting started.
Middle East tensions, oil, risk-off… when uncertainty rises and panic kicks in, dollar becomes a safe haven again.
$BTC Every time we’ve tested this H4 Supply, we’ve been rejected lower. If you’re bullish, I’d at least wait for a break above this supply. 📌
Especially now that we’ve broken the daily demand, we’re clearly in a bearish daily structure like I explained before.
Personally, I prefer not to be exposed at this level even though my bias is clearly bearish given the current context.