$XAU — if we don't short now, what are we waiting for?!! 🔥
Every day almost "free" 2% on funding is coming in! And the price is at historical highs — there are simply no reasons not to short!!
Gold on the monthly chart — 7 green candles in a row, shot up to $5300.
The number of profiting traders is as high as a mountain — the supply is enormous. Geopolitics have been heating up for two months, on March 2 in Vienna, negotiations between the USA and Iran continue — if the tension eases, all "safe haven" demand will simply evaporate.
Expectations for a rate cut by the Fed are constantly bouncing — the market itself no longer believes in this narrative for long.
We are entering a short — we take both the funding and the movement. We just work according to the plan! 👇
$XAU
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