Scrolling through Xiaohongshu (a Chinese social media platform), many people are worried about a drop on Monday and want to sell at the opening bell, then buy back in after a day trade.
I discussed this with my husband last night.
He saw on the news that gold and silver prices had plummeted, and I said yes, they might continue to fall on Monday.
But I can't trade in waves because there are transaction fees for buying and selling, and more importantly, if I did, my mindset and rhythm would be messed up.
I would hesitate before placing another order.
I don't have that idea for now.
I'm not suited for frequent trading; I'm better at holding long-term.
Do any of your family members buy gold? Do you do high-sell, low-buy?
I'm not that type of trader.
After replying to others, my profile picture shows a lot of US dollars—very auspicious.