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At the end of every month, we meet with Intergo, which is Mr. Setthawat Phuthiphay, an Intergo analyst or Intergo trader, to analyze strategies and plan investments for the next month. Today, we meet on Friday, May 29th. Of course, it's about looking at the direction of gold prices in June and planning investment strategies. But actually, there have been exciting things in the past 1-2 days. Gold prices have surged and then dropped. From 4,500, it fell to 4,300, which is a significant support level. So, Khun Hai once said that he didn't want gold prices to fall below 4,400 or 4,300. He said, "Oh my, that's a very dangerous zone." Therefore, we see gold prices bouncing back up, and today it's 4,500 dollars per ounce. How will he view the direction of gold prices in June, and how should we plan our investments? Is this price very good for long-term collectors? Because whenever I arrange gold and do a live broadcast, everyone says, "Please come down, please come down, I will buy." Will it go down further, or is this price level already a good level to accumulate? Khun Hai is with me now. Hello. >> Hello, Khun Nao. >> End of the month again. >> This end of the month is a challenging end of the month for you every month. But today, May 29th, we are just about to look past it. May 29th, 30th, 31st, so we are looking past to June. It's perfect timing. For next week, Khun Hai, what are your thoughts on gold in June? >> Actually, yesterday was a day I felt a bit down because personally, I thought around 4,400 dollars was a very good zone. It was psychologically and technically very okay. And yesterday, it did go down, it really went down. Recently, it dropped to 4,400 and bounced back. I was relieved, thinking, "Wow, the real thing has arrived." But the next morning, it was hit and fell below 4,400. To be honest, >> Yes, 4,360. To be honest, I was also down. I woke up still a bit confused. >> But most recently, during the late evening, we saw significant buying volume. This is what I was waiting for. It can be said that there is a high chance that this is the volume of large players entering. And if we see the strength of the buying, when we look back at around 4,500, >> we wouldn't see bars like this at all. >> Which is why, for the past two weeks, I have been analyzing that there's a chance of seeing 4,400 and 4,500. I was just looking at it casually because at 4,400, it would complete all processes, whether it's technical analysis, psychology, moving averages, wow, everything is there. So, I thought that was an okay point. And today, we see it has bounced back quite considerably. And it's the last day of the month too. The reason I like to analyze monthly is that there aren't many cases left. Especially towards the end of the month, it allows us to say what the best-case scenario is, what the best case for buying is, what the best case for looking down is. We can see this on the day the month closes, or we can speculate the day before the month closes. For example, right now, let's say we look at the technical chart. >> Yes, you can show it, Khun Hai. This chart is from the Agon website itself. >> You can look at the historical prices of gold bars here. We will look at the monthly bars like this. Simply put, the reason I like to look at monthly charts so much is that we see the monthly bars. If today, it closes around 4,500 or below 4,400, the picture will be a negative close. And when it closes negatively monthly, the headlines at the beginning of June will post that gold closed negatively for the third consecutive month, a bad statistic. >> Ah, we will hear headlines like this, right? >> Yes, the market sentiment won't be very good. Therefore, when it's monthly, there's this aspect. So, when we see that if it closes below 4,500, the chart won't be beautiful, the chart will be negative, and it can be a shocking headline. So, when we see the monthly chart has the potential to be like that, we have to think about how to prevent this month from being like that. We have only one day left. Today, we expect the monthly chart not to close negatively. Because if the monthly chart closes negatively, it will definitely be a headline, right? If the monthly chart doesn't close negatively, what price does it need to close at? We can look at the chart. I've measured it simply. We look at the opening price. To close positively, it needs to be above 4,600 dollars, or 4,610. Let's say easily, if today at 4 PM it closes above 4,600 dollars. >> Ah. >> The sentiment will turn to neutral to quite positive. Because at least it won't close negatively. >> Yes. >> When that happens, the monthly chart will be easy to play. You have one day left, right? And it's the best possible scenario. >> Uh-huh. >> You can speculate it to go up. Speculate it to go up to 4,600. This is the profit scenario I like to play. I'm telling you this because when we see limited scenarios, we know that if it closes below 4,500, it's bad. So today, it should reach 4,600. And if we look at the chart and it's possible, we will speculate that from today until 4 PM today, the price should be, okay. >> We are looking at the technical side now. We will talk about the fundamental factors later. Because this is an important day. The price should bounce up to 4,600. And if it's possible, the answer is it's quite possible. >> Today, there are only a few opportunities left. There are not many resistance levels. The next resistance is at 4,550. If it passes tonight and passes this level, 4,600 dollars might be seen. And that's a very desirable target because it will make the monthly chart turn around. >> Not in the negative. >> Conversely, if today the price cannot go up to that level, or at least cannot hold 4,500 dollars, which is a psychological support level, and closes below that, it will be a signal that June might be in a very bad sentiment. >> And 4,400 dollars, which is the support level it just received, if it cannot hold and goes down, if you open the monthly chart and look for the next support level, you will find it at least at 4,100 dollars. >> Because it's a low, a low that I don't even accept, because usually, these don't really work. >> And if you look at the monthly chart and open it, you will see that around here, it's not exactly a support level. >> The real support level is around 3,500 dollars. >> If the sentiment >> turns negative, Khun Nao. >> The period of decline, simply put, it will go down to the next support level. >> If 4,100 holds, it's still okay. But if it doesn't hold, you will see a picture of around 3,500 dollars. >> In that case, >> Yes, it's quite far. So, I think this is probably the last scenario. If I'm going to cheer for an increase, and honestly, with every bounce, I'm always there. In the past, I've tried to find cases that cut all other cases. If there are 4 cases for an increase, and the overall trend is still an uptrend, I will keep that case until there are no more cases left. And right now, my last case, where I will stop cheering for gold, is if it breaks this low. If it breaks this low, the low where it bounced back with clear buying strength, which is around 4,370. If it breaks again, or comes back again, whether it's today, tonight, or next week, I will look at a downward slide. >> Because there aren't many cases left. Khun Nao. >> Even if the monthly chart closes at 4,600 dollars, it doesn't mean the chart will go up immediately. It's still in a zone that's not very good, but it's better than before, you know? >> Uh-huh. Therefore, >> If the market doesn't show strength >> that gold has returned, >> it's difficult for it to have that momentum. So, >> tonight, it's necessary. When you see it go up, you see how it went up recently. Wow, it went up so fast that no one could keep up. We were still confused, wondering what happened. >> It was very fast. This is what I see as an attempt to bring market confidence back to being okay. Because honestly, after dropping below 4,400 dollars, even I felt down. >> I was like, "Okay, even though I knew it was a deadline." This Friday is a deadline. I said in many clips that Friday is a deadline. But when I saw the actual price, I was still down. But when I saw this bar go up, my confidence returned that, hey, the last case for an increase hasn't disappeared completely yet. >> In this case, it's like, tonight might be the time. >> If you are a speculator, this might be the last chance to speculate. Or, if you follow the strategy I told you, if it closes below 4,500 dollars, you might have to sell some. If you are afraid, if you are not a true long-term holder, if you are hesitant, wondering whether to sell or not, if it closes below 4,500 dollars tonight, you might have to sell some gradually because the picture might not be very good. >> But if at any point it holds 4,500 dollars, okay, you can still hope for next week. Or, ideally, if it reaches 4,600 dollars, the chart, whether it's the weekly chart, if it closes around 4,500 dollars, it will close positively. This is good. And that's why I said 4,500 is good enough. >> But if it closes at 4,600, wow, both the monthly and weekly charts will have bars that drag down. It drags down and bounces back up. I'd like to share that, yes, at the moment when the price dropped below 4,400, >> many people couldn't take it anymore and cut their losses quite a bit. Because the trend was really not good. It really looked bad. >> Therefore, the fact that it bounced back like this is a very interesting signal. Very interesting. >> Yes. Ah, I have a question before we go. What fundamental factors will cause it to bounce up? Please talk about the price that dropped from 4,500, bounced up, and then slid yesterday to 4,400 and down to 4,300, but came back up. You just said there was buying from large players, meaning that point is what they call a crucial secret point where large players are ready to enter, right? Can we think of it that way, psychologically speaking? >> Yes, because at 4,400, if you remember, before that, 4,400 was the low where we were hit from the initial 82,000. >> It dropped to around 69,000. Everyone was shocked. That was the first portfolio liquidation for gold after it had risen continuously. We never saw it drop like that. >> This is that low. And we see that the second low, where it was hit and dropped, it broke through. But the fact that the price is hovering around 4,400 reflects that there is indeed buying strength around here. >> And if you follow news about central bank purchases or anything, you will see that they buy during this period. They announced it around the time. We can infer that this is the zone where they are buying and accumulating. >> In that case, from the reports and the charts, it's a very beautiful picture. >> Or even in other technical aspects. Other technical aspects. Very simply, the 200-day Moving Average is something that is considered a main axis. If it breaks below this, it's dangerous. >> Uh-huh. >> Dangerous for any trend. If it breaks, the trend has a chance to end. And at 4,400, it's exactly the 200-day moving average. If you notice, before this, it dropped once around here and bounced back. So, this line is significant. Everything points to this being a very significant point. And yesterday, when I was feeling down, it reflected that there was buying strength trying to >> One moment, please. >> Collect until the price goes up. >> Right? >> It bounced up. Yes, there was buying strength that was trying to. It was very strong. Before this, the trend was not good at all. But where did this bar come from? Maybe it was news that was received, as we know. That's what made us see that there was buying strength. So, it's simple. You see that this buying strength is likely from large players. Otherwise, it couldn't push this much. >> You cut losses below. >> So, large players shouldn't lose money, right? >> If the price drops again, it's not good anymore. Not good anymore. >> Something like that. Simply put, Khun Nao. >> This is the point of no return. If it breaks below this, it's over. Over for this round. >> If it doesn't break. >> It means that gold prices have a chance to trade sideways between 4,400 and 5,000 dollars. I don't even look at 4,400 anymore, honestly. >> If it can hold, we should trade sideways between 4,500 and 5,000 dollars for a long time until gold has new sentiment, factors that are positive for gold, and then it can break through 5,000 dollars. Otherwise, I think from today >> until the end of the year, anything can happen. Gold will likely stay within this range, not going anywhere. >> But if it breaks, it's downwards again. So, we have to measure it by this month. You see, Nao, it's so volatile, and sometimes we don't even realize it. Khun Hai, what signals do Intergo's tools provide, especially in our app, Go to Go? Or even about setting orders in advance, because remember, we will be closed on Saturday, Sunday, and Monday, and then there's another gap, and then we close on the 3rd. While abroad, they are not closed, but we are closed. >> Uh-huh. Why do we have these things? >> Oh, if it's our app, it won't be closed. Because traders will work all the time. We work all the time, even on holidays, because we work according to overseas time. So, our app is still open for trading. And this is another strategy I mentioned. Since we know that Friday is the end of the month, you have to wait until 4 PM. Some people are too lazy to wait. So, if you have the Go to Go app, you don't have to worry about not being able to sell or buy in time by 4 PM. >> Uh-huh. >> Because we are open for trading on Saturdays and Sundays too. This is one advantage. You don't have to wake up at 4 AM or check the chart. You can wait until Saturday or Sunday. Because if you've been following the news, you know that on Saturdays and Sundays, there are often news, whether it's positive or negative for gold. If you have our Go to Go app, you might be able to buy in advance if you think the news is good for gold, or sell in advance. You can do it all. So, you have to manage it yourself. But we provide the opportunity for everyone. At least, you have another option on days when trading is not normally possible. Actually, it shouldn't be possible because the market is closed. But we have a function, like large players talking. This function, trading outside of hours, is mostly a function for large players who talk. And let's let everyone try it out, manage their risk. If anyone is interested, they can download it. Or honestly, if you are a long-term holder or a trader, you should have it. Because, first, sometimes it might be a point where you, what do you call it? At least you can allocate some of it. So, if something happens, you can sell it first, and then you can do whatever you want with the gold bars you have on Monday or Tuesday when the market opens. This will help you. Because honestly, >> There's too much news. >> Is this selling short in advance? >> Oh, no. It's when we already have the goods. We must already have the goods to be able to sell. >> Oh, it must be in the account. >> Yes. >> Ah, so you have to be our customer to download it? >> Anyone can download it. Anyone can download it. >> Yes, but to buy or sell, you must have it, you must have money, and you must have gold, right? If you want to buy or sell. >> Yes, if you want to sell, you must have gold. But if you want to buy, you can set it as you wish. You can buy on Saturday or Sunday. But if you want to sell, you must have gold. Something like that. >> Yes. >> Oh, okay. So, you can set automatic buy orders in advance. >> Yes. >> It will match the price for you. If we set it at a certain price, and it falls, it can be matched. So, you can set buy and sell orders in advance. >> If you play in the market during this time, sometimes you just go to the restroom, and if you don't pay attention for 5-10 minutes, the price might flash and disappear. Therefore, I recommend that during this time, if you have 100% to buy or sell, set it for about 50% first. >> So that if it comes, and it falls further, you still have a second or third round. But if you don't set anything, and suddenly the price comes and flashes, and you see it often, this happens very often. So, you really have to play like this during this time. >> Our app can set buy and sell orders normally. Something like that. >> Ah, this is good. It helps in a volatile market like this. A volatile market needs tools like this to help manage risk and divide your positions when buying. You set your own buy orders. We do it ourselves. And it's easy to do through the app. So, it's another interesting tool. Now, let me ask Khun Hai, this Saturday and Sunday, are there any fundamental factors that will support gold to stay above 4,500 and reach 4,600, making the sentiment for June look better for gold? >> It's probably unavoidable. It's about negotiations. And honestly, the war ending is unlikely. Because statistically, whether you look at the Ukraine war, >> it's still not over. >> And today, it's a big issue, a major war, for the US and Iran. Actually, Iran and Israel. But this is also involved. So, I don't expect the war to end, but I expect at least the strait to be opened. Because right now, there are many articles and analyses saying that oil prices are quite high, and various storage facilities are full. And if it's prolonged, it will affect the overall economy. So, in that case, simply put, if it's prolonged, >> what will happen is that gold will be good in the medium to long term. >> Uh-huh. >> Because it will affect the major economy. And right now, you see bond yields rising, right? Before, they were falling. >> Bond yields are rising because, for example, the US economy looks strong, inflation is likely to rebound, and oil prices are still high. So, bond yields rise, right? But if it starts to be prolonged, then real yields, which are bond yields minus inflation, because inflation is very high, will decrease. And at that time, gold will become the protagonist again. This is in the medium to long-term picture, if it's prolonged. >> But in the short term, if they can talk, gold will still be good. Because, first, the amount of money in the market is in oil and in the dollar right now. If everything is okay, money will flow back to the stock market, which is the main market. At that time, I still cheer that, looking at the trend, stocks are likely to look better, whether it's the story of AI or something. But still, I believe the market is not that extreme. Extreme means not like, "AI must be 100% good." I believe everyone thinks it's good. But there must be some caution, or at least, when it rises, they might take profits and rebalance to gold. Large investors don't just look at profits. They look at it like this: when profits are made, and the higher it goes, the higher the risk, right? The more stocks rise, the higher the risk. So, they sell and convert to what? New cash, gold, or bonds. Bonds are now falling, meaning people have locked in their money. They have bought bonds. This is how it happens. So, in the short term, gold will bounce. Gold will bounce. This is in the very short term. But if it bounces, you have to look beyond this. There will be no more news. The news you have to wait for is whether the Fed will lower interest rates. >> Yes. >> That depends on oil prices or the stability of negotiations. If we assume it ends, the strait opens, how stable will it be? If that happens, then okay. But if there are any explosions, everything will look not so good. So, this means that after this, if inflation doesn't decrease that quickly, >> Uh-huh. >> Gold might not benefit. Because if inflation decreases quickly, the Fed will lower rates, and gold will be okay. >> Ah. So, this means that at the moment when everything is resolved, the short-term period might not tell us anything about gold. Because, first, the inflation figures are not showing yet. The market might be expecting that it's over, and everything will get better. Inflation will decrease, bond yields will fall. Gold will gradually rise. But it's not enough for me to push it beyond 5,000 dollars. >> Uh-huh. The person who can push this, whom we see clearly, is Mr. Kevin Voss. >> Uh-huh. The new person. >> That is one factor. >> We have to see his style. Around June, when the Fed announces policies, whether it's the dot plot or anything, we will see Mr. Kevin's style. And this will be another aspect. So, it's June. You have to wait and see. >> Ultimately, we still have to wait and see. As long as the Fed doesn't send such positive signals about lowering interest rates, like, "It's over, Mr. Kevin said not to worry about inflation anymore, it will fall. I don't care. I'm focusing on the economy. I will lower rates." If we don't get such words and signals, gold is unlikely to break through 5,000 dollars. Or if it bounces, it will likely trade sideways around here, around 4,500 to 4,800, 4,900, or 5,000, depending on what they choose to run with. But okay, if it ends, I believe it will end. If 4,400 holds, gold will likely trade sideways between 4,500 and 5,000 dollars until there are positive factors, whether it's interest rates or >> Ah, AI stocks, bubbles, or something. I don't know. Anything can happen. >> So, if there are no such positive factors, gold is unlikely to break through 5,000 dollars. Something like that. I'd like to ask Khun Hai a bit. In June, technically speaking, we have the big players supporting around 4,400, 4,300, and it bounces every time. If the big players are supporting here, technically, it looks good. If it closes above 4,500 and goes to 4,600, and in terms of war, if they stop firing for 60 days, it will cover June. Khun Hai, do we have a chance to see gold reach 5,000 dollars? Is there a chance in June? >> We have to see the situation on the ground first. If, for example, it happens like that, what will be the strength? But simply put, I will see it as a rebound. >> Ah. >> Just a rebound. >> So, if you are a trader, >> Okay. >> How to rebound? >> Look for resistance levels first. >> First of all, if it's going to 5,000, it has to pass 4,750 first, as it's a clear resistance level. >> Uh-huh. >> Uh-huh. >> And if it passes 4,750, you have to look at 4,800, 4,880, or 4,900 again. >> Uh-huh. >> Therefore, if you are a trader, you must be cautious around these levels. You have to adjust your portfolio, whether you will sell some, whether you will miss out. Many people are raising fat pigs now. When will they sell? They haven't sold yet. They might even have to buy more pigs. So, if you are a trader, you must be careful at these resistance levels. Because, as I said, the sentiment is not that clear yet. However, this rebound, >> Yes. >> I believe that if you think it will trade sideways, >> it will trade sideways. >> So, sell at the top, around 4,800, 4,900, 5,000, because even if it goes up, let's say we look at it going up, there must be a moment of rebound, then form a base, form a base at least. It comes up, forms a base to show that gold is truly stable, maybe around 4,700, 4,800, forms a base for a while, then goes up to 5,000, or reaches 5,000. This will take time. I think in June, it might take until the end of June for it to finish forming a base, if it's the fastest. Because there is still time. >> And we are not yet certain that >> After that, will it >> will it go down, or will it trade sideways back to 4,500? In that case, I can't answer yet. But simply put, a rebound for me >> is 300 dollars. I'll say 300 dollars. >> So, wherever it ends, add about 300. If it ends at 4,500, it goes to 4,800. If it ends at 4,600, add 4,900. And around these resistance levels, you can sell out first. Or if you think it will trade sideways, you think like me. There are no more events. Gold has buying power around here. Big players are entering around here, the zone of large players, right? So, it shouldn't break below this. >> If that's the case, you can hold for a long time. But as I said, at this moment, the signals are not very clear. So, there's no need to rush to do anything. Try to see how this month closes, whether it closes positively or negatively. If it closes positively, you can buy more, and I won't say anything. Something like that. >> Uh-huh. Right now, people are confused. Khun Hai, they are confused. Wow, AI stocks have good returns, and it looks like it will continue. This game is not short; this game looks long. Bonds might fall a bit, but with the global debt being so high, and each country facing inflation issues, will they raise interest rates? Some countries have already done so. Indonesia has already raised rates. So, bonds are also tempting. The returns are making people confused. So, where will the money flow back into gold again? What should we wait for? Wait for AI to be sold off again? Or will bond yields rise and bond prices fall? Where is the turning point? >> First of all, right now, we are in a situation where people are very afraid of inflation because the war is prolonged. If energy inflation is prolonged, it will flow back into consumer goods, and it will start to reflect. But if everything can be resolved, meaning if oil starts to fall, there will be a transition period where everything should get better. And the bond yields that we see rising are because the situation doesn't seem to be over yet. >> Uh-huh. >> In that case, we see that if there are no new events, the expected inflation is likely to end at its peak around 4.95%. Because it's already priced in. In that case, this might indicate that when bond yields start to fall, real yields or something will start to look less attractive. That's when gold will start to play a role again. >> Yes. It might take time. It might take time. We have to see when the war ends. Does it end this week? No, the war is not over. Does the strait open soon? If so, I think gold will start to form a base. But how far it can go, we have to see at what level it can form a base. Or, another thing, when bond yields are high, and stocks are also high and rising. This is strange. Normally, when both are high, it doesn't happen often. And it reflects that before this, in 2008, there was a similar situation before the stock market crashed. So, this is interesting. If it continues like this, when you make profits from AI stocks or something, and you see that bonds are still okay, then we see money flowing back into bonds because they want to lock in profits. They have already made profits, so they are locking them in. And the money in the stock market will fall a bit, right? At this point, it has to flow back into bonds. Bonds are now falling. Only gold is left, which hasn't gone anywhere yet. It's still at a price that, simply put, is cheaper than before. Before, we saw 5,600. Now it's 4,500, a drop of almost 20-something percent. And bond yields have fallen, right? This means bond prices are high. >> Uh-huh. >> This is interesting. No matter how high stocks go, they might continue to rise. But when people fear a bubble, it usually doesn't happen. Actually, it usually doesn't happen because everyone says it's a bubble. >> They are cautious. >> Yes, they are cautious. So, it won't be an over-leveraging situation. So, I still look at it positively. >> The stock market likely still has time to continue rising. In that case, gold, in this period, might not be very spectacular. As I said, the factors are waiting for stocks to explode. We can't rely on that. But what we can do for investors who want to manage their risk is, when you make profits, whether it's the Thai stock market, which is rising now, >> the Dow Jones is also rising. >> When you are satisfied with your profits, and you start to see strange trends, you have to sell some and rebalance into assets, whether it's bonds or gold, if you like it. Because the price is currently acceptable. This is what can be done. And there's a trend that gold is being gradually accumulated. It seems like it's being gradually accumulated, waiting for new events. And we can't predict if these events will happen. And if they don't happen, what will happen? If they don't happen, for me, if 4,400 holds. >> Yes. >> Gold has no reason to fall further. If it holds. >> Something like that. >> Ah. Khun Hai, is the gold market currently in a bull market, or has it turned into a bear market? >> It's in a correction phase. It's in a consolidation phase. >> Consolidation can be of two types, Khun Nao. Consolidation by time. >> Or consolidation by price. >> Uh-huh. >> We are waiting to see whether it will be by time or by price. If it's by price, if 4,400 breaks, then 4,000, I don't see it holding, so it will be 3,500. This will be consolidation by price. But if it's by time. >> If 4,400 holds. >> Negotiations, some progress, can talk, ceasefire for 60 days, and there will be ups and downs. But we see that the market is not very excited anymore. >> The war is like Russia. At first, everyone was excited. The first 3-4 months, everything was expensive. Even instant noodles went up in price. Because everything happened very quickly. But now, they are still fighting, but everyone is fighting. So what? This is the cruel world. They will pay attention to you at first. But as time goes by, >> people get used to it. >> People get used to it, or analysts, or strategists behind the scenes. Oh, if it's like this, this stock will have problems. We adjust the portfolio. It's like everything is already priced into the market. So, people are not very concerned anymore. And I think that >> If the price, after they negotiate, holds above 4,400. >> There will be no reason for gold to fall further. >> For me, in the short term. >> Yes. >> Ah. This is for traders. But for a market like this, it's actually a golden opportunity for long-term collectors, Khun Hai. >> Correct. Correct. Many people ask a lot, "Can I buy now?" If we look at the sentiment for trading, I'll tell you. >> Yes. >> If you buy and expect it to rise quickly, now is not the time. Because the monthly chart doesn't show it yet. >> Ah, 4,400 just bounced. We don't know if it will hold. Trading is not very clear. Unless you are a high-risk trader who wants the cheapest order. Then you can enter, but you must have a stop loss. But for collectors, I think it's quite okay. That's why I told Khun Nao that yesterday I was a bit down because, oh my, 4,400 couldn't hold. But I looked at social media. Okay, some people were down, saying, "Oh no, gold will fall to 60,000 or even lower." But some people have been waiting for this price for a long time and bought it. I see that there are people who >> ask for the reason for buying, and they say, "Just because." "I'll buy for my child, buy for..." It's a very difficult reason for a long time. >> Yes, for long-term collectors, it depends on what price you are satisfied with. Or even if you bought above 70,000. At that moment, I believe that when you waited, and you didn't buy at 80,000, and it dropped to the low 70,000s, and you thought it was okay, that's what I want you to consider. What was the reason for your first purchase? And buying and going the wrong way, getting stuck with losses. I'll tell you, for long-term holders, it's normal. If you say, "I'm stuck with losses, I have to do something," it means you are not really buying to accumulate. You have a bit of trading. So, if you have a bit of trading, I recommend not mixing them. Don't mix them. >> Separate the accounts. >> Because otherwise, when you mix them, sometimes you want to hold for a long time, say 10 baht. >> You want to hold for 10 baht, or hold for a long time. And you are very scared, so you sell it. And then 10 baht disappears. Even though in your heart, you wanted to hold for a long time and maybe trade a little to make a baht or two. I'll tell you, in this market, I don't recommend cutting losses much. >> Especially in the gold market. Because >> From my experience, when you decide to press the cut loss button, most of the time the price will be very bad. It's like, when you are very scared, don't cut loss out of fear. Cut loss when you are calm. We see that, okay, this zone, maybe it's not true, it might be individual analysis. But have a plan, a strategy, that if this zone breaks, we will cut. Not when the price drops, and you don't have a plan to cut from the beginning. And then >> You look everywhere, and everyone says it will fall. >> Yes. >> You look at social media, and it says it will definitely fall. And you don't have a plan to cut from the beginning. You cut. I'll tell you, most of the time, when you cut like this, the price will bounce back in your face. >> Uh-huh. >> But there are times when you are scared and cut, and you survive. But I'll tell you, if you are a long-term holder, don't play like this. And if you are a trader and play like this, it's also wrong. Because you cut when you are very scared. >> You should have a plan from the beginning. >> Cut loss is here. Something like that. So, I want to share that especially for long-term buyers, I don't really want them to cut losses. >> Because if you truly play long-term, the market will show it. >> You can wait. When the time comes, it will come back. >> But when you cut, >> sometimes you have to buy at a higher price. >> Uh-huh. >> So, I want to share that especially for long-term buyers, I don't really want them to cut losses. >> Because if you truly play long-term, the market will show it. >> You can wait. When the time comes, it will come back. >> But when you cut, >> sometimes you have to buy at a higher price. >> Uh-huh. Something like that. >> Ah. Khun Hai, in our Go to Go app, if it's like buying savings, accumulating, do we have this function? Gradually buying, accumulating, and depositing. And if you sell, it's sent back, meaning they transfer money. >> Yes, we have the DCA function. >> Where we can DCA all day, every day. >> Every week or every month. >> And this is not limited. If you want to sell, and after DCAing to accumulate for a long time, you hear something and think gold will definitely fall, you can sell it. You can receive money as well. So, it's like a DCA function, but you can also trade. You can take the amount of gold you have, whether you want to sell it or buy more. It's separated into different bags. >> So, you can do that. >> Yes. >> How much do you have to buy? Until they return it to us, like, if it's a full baht, then you sell it and they send the actual gold to us. >> Oh, you can sell whatever you have. The minimum is 100 baht. Let's say you bought for >> Ah, 2 weeks. You bought for 400-500 baht. And then you see strange signals and want to sell. You can sell it. But if you want to receive, it might be, what is it? 0.5 grams minimum. >> Ah. >> So, they will send it, right? You want to hold gold. >> You want to hold gold, you can. You don't want to hold money. You want to hold gold. >> Many people want to hold gold these days. Because having it in the portfolio is quite painful. It's better to have it at home. >> Yes. >> So that we don't get itchy fingers. Just hold it for a long time, right? >> Yes. Something like that. >> Yes. Right now, if it's your recommendation, Khun Hai. If we want to keep gold in our portfolio, the more the price falls, the more we should increase our allocation, or the more the price falls, the more we should withdraw and reduce our allocation. >> The goal, Khun Nao. If you want to buy today and get rich tomorrow, this is not the sentiment that can give you that. It's a sentiment with the risk of either going up immediately or going down immediately. >> If you are that type, you can buy now, but don't buy the full amount. Divide it into smaller portions. But if you are a collector who has been waiting for the price for a long time, don't listen to anyone. You can buy. The price is good. The price is good. And if this zone is okay, I think at least it's a usable price. But will you buy the full amount? It depends on whether you are looking at the downside. If you are not looking at the downside at all and are satisfied, then don't worry. Just divide it according to the DCA you want to buy. But if you are still hesitant, should I buy a little more? Because the sentiment, as I said, is currently 50-50. So, divide it. Divide the purchase now. Many people ask me, "Can I buy?" I tell them, if you are a long-term holder, the price is important. What price do you get? If you are satisfied with any price, buy it. But if you are hesitant, you have to ask yourself, "Can I buy?" This means you are not 100% confident, right? If you are not 100% confident, then don't buy 100%. Trust yourself. Don't trust me. Because ultimately, the money is yours. And another thing, the longer you hold, sometimes it's important to see if we are following the plan, if we are getting the price we are satisfied with. >> Uh-huh. >> Something like that. For traders, I've already told them. >> Tonight is the deadline, 4 PM. I want to see at least 4,500. Or at least hold 4,500. Ideally, hold 4,600. >> Uh-huh. Ideally, 4,600. If 4,600 comes. >> Next month, early next month, next week, we can hope. >> We can hope. At least look at 4,500 to 5,000, trading sideways for a long time. But if not. >> You might have to look at the lower zone. And for those who are worried, on Saturday, Sunday, or next Monday, if it closes below 4,400 or 4,500, you might want to sell some. And if it goes back up. Then buy back. It might seem strange, but I'll tell you, at this moment, we don't need to be the first to enter. >> If you've followed my clips, I always say that 4,400 is very likely to come. But the safest entry strategy is to wait like this. Wait for strong buying like yesterday. And wait for it to hold for a while, then you can buy. You might not get a good price, but this is safer. >> Yes, it's safer because we see that someone has bought. We have a friend who has bought. But if you go to receive the knife, sometimes you see, you receive it at 4,400. >> It hasn't even held yet, and it's hit again. Something like that. >> Ah. Khun Hai is saying not to be the commander. Right? >> No. >> Not to be the commander. Be a follower, a soldier who follows. >> Yes, don't be the vanguard, the vanguard, the breakthrough in moments like this. Especially. >> I think most people already have it. They likely already have it. >> If you want to increase risk, wait for moments like this. Wait for it to hold for a while. Wait for a good sentiment. >> Because >> If it's 50-50 and it falls, at least you save money. It might fall for a long time. So, at least, if you don't buy, it's okay. >> But if you buy here, it's still not clear, and you already have it. Increasing the risk in your portfolio. I don't recommend this. >> Except, as I said. >> I don't care. I'm a long-term holder. So, if you are a long-term holder, any price is fine. For me, if you are going to accumulate anyway. >> Yes. Khun Hai, please give us some good news. For those who are on the mountain at 80,000, will they get off this year? Will there be a car to pick them up? Give us some good news. Is there a chance? >> Ah, I've analyzed this. Even if it comes out negatively and breaks below 4,000 dollars, I'll give it about 3 months. >> Yes. >> 3 months. May is bad, June is bad, right? Add 3. >> Around October. >> The signal should improve. >> This is the worst case. >> Uh-huh. >> Oh, simply put. Let's say everything looks bad. And the Fed doesn't lower interest rates. It will be prolonged. In terms of technical charts, let's say this month closes badly. Next month, you should expect it to be bad. So, June is not a good time to enter. Let's assume in the case where the price is below 4,400. June will definitely not be good. So, you don't have to do anything. What about July? You have to look at the trend. After June, if we think it's bad and it has fallen, is there a reversal signal in July? If not, you still don't have to do anything. >> Uh-huh. >> And if it's the best case, if it's in July, you still can't be sure. You have to wait at least until August to see if there's a real buying signal. Finally, the period when it falls. It depends on when you see a reversal bar. And I'll say soon, it's July. The earliest you'll see a reversal bar. >> Because we expect July to be bad. If it's a bad case. Something like that. >> And it will coincide with the Fed's announcement. If the dot plot in June is bad, you have to wait until October. >> It will be around 3 months. >> This is why I think, at the earliest, if it falls, around September or October, there's a chance to break out of the loss. And if it's a bad case, personally, I think the highest this year will be around 80,000, or around the previous high of 5,500, around 5,000 dollars. To rise again, it will be next year. If it's a falling case. But if it's a sideways case. >> I'll tell you, by October, September, October, when the new dot plot comes out, there's a chance to break out of the loss if 4,400 holds. Uh-huh. Something like that. So, it's like, at the end of the year, they play with interest rate news. And June is okay. If June comes out badly, we know we have to wait another 3 months for the new dot plot. So, you go and wait for October. >> Okay, it will be around this. >> Ah, but for traders, there are still periods for sideways trading of 300 dollars, right? You think it will trade sideways around here, 300 dollars. It should be profitable. But for long-term investors, this is a golden opportunity. >> A golden opportunity? In terms of price, yes. >> It's yes. >> It's yes. Because the price, honestly, has fallen so much. If it's gold bars, how much is it? Almost 15% a lot. 80,000, right? >> Yes. >> Yes, this is considered okay. Okay, a good opportunity. >> Yes. Because honestly, if it drops to 3,500. >> It will be around 60,000. It's not much. Those who have costs around there, they ask me a lot, "Should I cut losses?" >> Or sell for profit? I tell you, I think if >> If you've held this long. >> Uh-huh. >> Not yet. The fact that you've held past 80,000 and didn't sell, and will sell when you think gold will have no value. I think it's difficult. Because ultimately, the fundamentals haven't changed. >> Yes. >> Haven't changed at all. Hold on. Those who have held this long. >> It's not that if it drops to 3,500, it breaks below 3,500. It's not like that, right? It's that 3,500 is very strong. >> If it falls. >> Let's say it drops to that level. There must be buying power, Khun Nao. We can't say anything now. Because the further you look, >> we know that news, events, etc., will happen. >>
The image is not clear. >> Uh, the image is not clear, but to put it simply, all support levels. >> Before we get there, there is information along the way for us to add. >> Okay. Can 3,500 be accepted? For me, technically, it will bounce first anyway, like 4,400. It bounces first and then gets hit. This is possible. It's not going to go down like, wow, it's going down shapelessly. This is difficult. This is difficult. In every trend, there will be a bounce. We'll deal with that moment later. >> Oh, we forgot about another major player, the central banks of each country. >> Yes, oh, that's right. Because >> And can we rely on it? Can we rely on it? We can rely on it. We have to admit first that they are not technical traders. They are home buyers, and they have been buying continuously. Yes, that's right. >> For those who are long-term holders, look at it. Central banks collect like this, and they can wait continuously. >> Friend. >> Yes, so don't worry too much. If you can wait, gold will give it to you. But if you can't wait and need money urgently, that's another matter. I recommend not to rush anything this week, especially today. Let's wait for the deadline. Wait for Saturday, Sunday, or Monday. Then you can decide. Otherwise, oh my, it's exciting. I'm telling you, this time, the lady is anticipating the last rise. I've cheered for every bounce, every bounce, because it's still in a case where it can rise. But the 4,400 case, for me, is the last case. If it can't be supported, or 4,360, which we see people supporting. If it comes down again from here, I might not cheer anymore. I might just look down. Look for a long rest, and not a long rest, but a deep rest. If 4,400 holds, look for a rest. If it breaks 4,400, breaks 4,360, look for a deep rest. I will look at it this way. It's the last case. >> Since we've been anticipating, those who are stuck at the peak have been anticipating since March, April, May. Anticipating one more Friday, just one more day, it shouldn't be a problem. And with the signals, seeing the buying power, >> there's still hope. >> If 4,500 holds, it's good. 4,600 is good. Let's wait and see at 4:00 PM tonight. >> Yes. >> What will happen. >> Uh, your fans on this channel are called the "pig selling gang." >> Right now. >> Pig sellers. >> Everyone is fat with pigs. Everyone has raised fat pigs, waiting for the lady to sell. Honestly, I'm waiting too. >> Yes, and hoping that >> You said you made a good profit, but you're stuck at the peak. Ms. Hai, hold that motto: making a profit and getting money back in your pocket is better than being stuck at the peak. So it's the pig selling gang. >> Yes, but it depends on the person. It depends on the person. I'm telling you, if you don't have to think too much, those who hold long-term, buy at the beginning of the year and look again at the end of the year, are actually much more relaxed than us. This depends on your satisfaction. Everyone's investment style is different. So find your own style. That's about it. >> But it's good now because each gold shop is communicating with investors closely. For example, Intergold has its own communication channels, a platform, and the Go To Go app that Ms. Hai mentioned earlier. It allows us to manage market volatility by setting prices in advance. And for those who want to collect gold, we return it to them, right? We can manage the risk of gold price volatility. There are tools. But it helps investors a lot. However, investors now have a lot of lessons learned. When they invest, wow, they are very skilled. Especially in the chat channel. We just attended a seminar at the Stock Exchange and saw their faces. They are all top-notch experts. So today, thank you very much, Ms. Hai. We'll be anticipating tonight at 4:00 PM. You said not to break 4,400, but just ask for 4,500 and then rise to 4,600. That would be very beautiful. For June, there's a chance of about 300 dollars. If you are a trader, Ms. Hai said you can still trade for profit during this period. But at this price level, Ms. Hai said it's an opportunity for collectors. In the long run, gold should always be in everyone's investment portfolio. Ms. Hai, thank you very much today. We'll be anticipating tonight. >> Certainly, Ms. Dao. >> Okay. Goodbye. >> Goodbye. >> Thank you, Ms. Dao. >> To not miss any investment information and news, don't forget to like, share, and subscribe to all Money Chat channels.