Still very bullish for Gold long term .
Short term recon we are coming down a bit to refuel for the next leg up.
1955 is first support and a long way down from 2034 so watch the reaction there .
Previous ATH $1910 so expect a lot of orders there with a quick long squeeze to 1886 in my opinion .
so if anyone fancies a quick short or is longing this i'd say hold on a wee while chances are you'll get a better entry.
Short term recon we are coming down a bit to refuel for the next leg up.
1955 is first support and a long way down from 2034 so watch the reaction there .
Previous ATH $1910 so expect a lot of orders there with a quick long squeeze to 1886 in my opinion .
so if anyone fancies a quick short or is longing this i'd say hold on a wee while chances are you'll get a better entry.
recon we go back up after tagging that .. wonder where people will put their cash when the markets start crashing accross the board.
Sorta getting scared with corn as well .. IF you're not sure stay out of trades and live another day . Stop loss is easy risk mngt but wonder how many execute it as they are should do ?
i sucked at it till i realized its non negotiable.