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Gold consolidates and shakes out positions


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Chasen Chen
New York, USA
 
Posts: 2 since Sep 2026
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Many people got shaken out of their gold positions amid today's volatile market, right?
The overall major trend of gold remains unchanged recently. The repeated high-level volatility is a typical market shakeout.
Do not chase rallies or sell into dips in short-term trading. Frequent trading is the biggest taboo in a range-bound market. Wait patiently for the breakout of key support and resistance levels.
The trend is not over. Do not let short-term minor fluctuations disrupt your trading rhythm.
If you struggle to read the market or grasp the trading rhythm, follow me. I will keep you updated on the institutional direction in real time.


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Last Updated on September 18, 2026


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