Is it actually a good time to buy gold and silver right now or am I just buying the top?

[Marcus Chen]

Hey everyone, ngl I am super confused about precious metals right now. I keep seeing posts and articles talking about how the big picture for gold and silver couldn't be more positive and that they are basically in this massive long-term life cycle upswing. But as a complete noob trying to figure out charts and macro stuff, I honestly have no idea what that actually means for my tiny trading account. Like, does a big picture view mean I should just hold and forget about it, or are we about to see a massive pullback that will wreck me if I FOMO in right now? How do you guys usually trade based on these big fundamental cycles without getting shaken out by daily noise? Would love to hear some advice from the experienced traders here before I do something stupid.

 

[ArthurByte]

nah you're definitely not buying the top, look at that daily chart. we just swept the liquidity on that massive mitigation block and left a juicy 4h FVG wide open. institutions are loading up heavy right now before the next expansion leg higher. smash that buy button and set your stops below the discount array, easy money.

 

[LeoSterling]

smash that buy button and set your stops below the discount array, easy money.

Arthur, you're looking for 'easy money' in metals while the rest of us are out here chasing 100x liquidations on alts? Bold move. If you're gonna leverage the shiny rocks, just don't get rekt when the market decides to hunt your stops for sport. Send it if you want, but I'm waiting for the retrace before I ape in.