It's time to sell fellas ! Hey guys, I am back with another Analysis on Gold. Looking at the current situation on gold, I strongly recommend you on sellying and holding to your position instead of buying as most people would suggest instead. As long as the candles approaching the Vwap downwards, it shows a sell signal and that's what I recommend doing. Doubling your position would be considered after getting more signals, for now it's minimal. Follow me more updates, I post everyday! See you in a few for another live update.
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As of now, and looking at the candles surpassing the Vwap I highly suggest you take a strong buy position and double on it as from now on the Gold is going to keep on climbing. The engineer was reversed and taking a selling position in this case is disregarded.