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#GoldBreaks$5,500
The gold market really surprised me 🔥
Spot gold broke the $5500/oz level and gave a 10%+ move in just 1 week. This rally clearly shows FOMO sentiment.
My Gate TradFi gold trading view:
I prefer to enter on pullbacks rather than chase at the high.
📍 Support zone: 5400–5450 (previous breakout area)
🎯 Profit booking: Partial TP around 5580–5650
🛑 Risk control: a clear stop-loss is necessary, as volatility is quite high
Trading on Gate's TradFi → Metals (XAUUSD) section feels easy and structured. The trend is currently bullish, but gold can also be dangerous without discipline.
GateTradFi