Why does gold keep rallying repeatedly? It's simple - institutions never complete their sell-offs in one go. Repeatedly pushing prices higher to offload in multiple batches is standard practice. These repeated rallies also serve to lure in more market participants to take the bait. This creates a distinct pattern where each subsequent rally peak after a pullback becomes lower than the last. This traps those who got accustomed to chasing rallies and tasting small wins, batch after batch, in shallow losses. By the time the real trend emerges, it's too late. As I often say, during major trends, every stop-loss carries extraordinary significance - paying a minimal price to test the market's direction. Today's strategy for gold: short at current price of 2383, stop-loss at 5 dollars, targets at 2360 and 2330. The daily chart shows an evening star formation, with MACD displaying a death cross at high levels and red energy bars shrinking. It's safe to say a significant drop isn't far away. The darkness before dawn is the hardest to endure, and these repeated rallies truly test one's patience. After all, only a select few can ride along with the major players.