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Recent tweetsSee all on 𝕏 →
Nice bounce 50-70% up $Mooner https://t.co/FyprWRWxod
$CRUST still doing well https://t.co/ySvKew1qar
Gm
So Elon Musk just changed the like button to $Mooner.
- Good dip to bid that's if the Orderblock holds ;) https://t.co/sW6PzEOpTh
GM from this said of the world https://t.co/OnXTACkpaO
Gold and silver sold off for structural reasons, not randomness.
Price expanded aggressively into higher time frame premium. Daily candles pushed into a well defined sell zone after a one sided run. Such expansion often attracts profit taking and short positioning.
The daily candle swept buy side liquidity above recent highs. After liquidity got taken, price reversed and closed with strong displacement to the downside. Such behavior signals distribution.
No fresh demand supported higher prices. Once higher time frame buyers stopped defending, sellers gained control and forced repricing lower.
Lesson for you. When metals reach premium with no new demand, expect liquidity grabs and sharp reversals. Context first, entries second.
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