Friday 28/08/2020
I would like to share my daily overview chart with anyone who wants to see it. I like to use my common sense and build in indicators of Tradingview.
First of all....nobody can tell what the future will bring...
I will just share my interpretation. It's not an advice or recommendation.
I think the future of gold all depends on how it will close this month. Personally i hope it will get back to the last ATH 2075 and grow further up. But it is also possible that it will fall down just like friday 21/08/2020.
I will keep on buying the dips if the resistance line of 1975 will be the new support. If it will fall down more than 30-50 dollar i will become a "Bear". I wish everyone a safe trading! No matter if you are a Bull or Bear ;-)
I would like to share my daily overview chart with anyone who wants to see it. I like to use my common sense and build in indicators of Tradingview.
First of all....nobody can tell what the future will bring...
I will just share my interpretation. It's not an advice or recommendation.
I think the future of gold all depends on how it will close this month. Personally i hope it will get back to the last ATH 2075 and grow further up. But it is also possible that it will fall down just like friday 21/08/2020.
I will keep on buying the dips if the resistance line of 1975 will be the new support. If it will fall down more than 30-50 dollar i will become a "Bear". I wish everyone a safe trading! No matter if you are a Bull or Bear ;-)
Comment:
it's now 24/9 and i am reading back my journal to learn from my plan. As planned i put in Sells and followed the bear path and i had to close some of my longs unfortunately. I prefer bull paths. I hope this bear path will finally end and get back to the better road up!