dRends35

GOLD - Warning ⚠️

Short
dRends35 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
There are quite a few gold bugs thinking that buying as "support" is a great thing to do here. They are buying the "dip."

I've been saying since the high that GOLD is in a bear market and I shorted the top.

But now I have no interest in gold whatsoever. Much better trades elsewhere.

Anyhow where do you think all the goldbugs stop losses are 😸?

Once you realise it is kinda funny.

But GOLD cant go lower right because GOLD strongk...

What could possibly go wrong 😸.

Not shorting.

Not advice.

Comment:
Who is buying "support" here? Who is holding and hoping here?

Come on own up 😄.

Plenty of very trapped buyers from February I think.
Comment:
GOLD falling out of the ascending wedge. Support just below. This could get messy in the not too distant future.

Comment:
🙀

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