A few days ago, gold reached 3000$ , and some pretentious people said that gold had reached its peak and that a correction would begin.
What happened????
Naturally, the opposite occurred, and gold continued to rise as the global situation is tense with no signs of a settlement on the horizon.
Who paid the price????
That simple trader who followed the crowd and opened a short position on gold got caught and was liquidated.
There is a type of gold that kept him awake every minute as he focused on the chart, fearing a nearby liquidation.
⭕️ Important note:
The rise of gold is not related to any technical analysis, and anyone who draws you some scribbles right now and tells you the peak is here and sets targets, do not believe him.