$RIVER RIVER move looks strong, but also a bit scary now.
After that deep dip, the bounce was fast. Too fast, actually. Buyers stepped in hard, but price is already back near the recent top. That usually brings hesitation. I’m not saying it will dump. It can still push a bit higher. But chasing here doesn’t feel comfortable to me. Risk feels heavier than reward at this point. If price cools down and holds, then continuation makes sense. If not, a pullback wouldn’t surprise me at all. Right now, I prefer watching instead of reacting. Just my personal view.#SpotGoldHitsaNewHigh
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$RIVER RIVER move looks strong, but also a bit scary now.
After that deep dip, the bounce was fast. Too fast, actually. Buyers stepped in hard, but price is already back near the recent top. That usually brings hesitation.
I’m not saying it will dump. It can still push a bit higher. But chasing here doesn’t feel comfortable to me. Risk feels heavier than reward at this point.
If price cools down and holds, then continuation makes sense. If not, a pullback wouldn’t surprise me at all.
Right now, I prefer watching instead of reacting.
Just my personal view.#SpotGoldHitsaNewHigh