Good morning. I will be brief and direct today, as the market is moving exactly according to my predictions.
What do I expect today and in the coming days?
My assessment is that today we will see a further, slow decline – perhaps even by 30%. People are in fear, and even though the project is falling, people want to move their money into a safe haven – Gold.
Even though Gold has currently dropped by 1% on a daily basis, I expect precious metals to rise next week. After this drop, I anticipate a consolidation phase.
Our strategy: Buy the dip instead of panicking
Instead of looking at the red numbers with fear, this is the time for a deliberate buy-in (DCA). Lowering our average entry price at this moment is what will put us at an advantage when the market turns.
Watch out for the trap!
We will likely see an upward bounce, perhaps even a large green daily candle. But do not be fooled. In my opinion, this is just a trap for unwary buyers, which will be followed by another drop due to general market fear. Whales need your panic to clear the field.
Keep a cool head. Don’t jump into buys at the first bounce; instead, take advantage of the dips for a smart buy-in. Patience remains our strongest weapon."