First of all after be away for an entire month, I hope you had a good Christmas and Happy New Year and I really wish you the best for this year and never forget we trade for us and our family.
I use to be away of charts last 2 weeks in December and first 2 weeks in January, and just calibrate my trades without risk, so Gold is one of them. In this commodity I said to close sell position around 1243 in my case my 20% of full trade from 1293, because it was coming a bull market after I said in my YEN idea, something else is coming up, a war or whatsoever. For these days I'm sure it will happen anyway and market is just trying to be one step forward you do, but at the same time, is coming pretty soon the day to close some positions and avoid the silly risk you would face with.
This is an asset that we can see a massive rally for both sides, heavily up around 1600 - 1900, and then a free fall if China and Russia start to deal a new way to trade GOLD (depending on real inventory).
Have a Good Trading Week and wish you the best
Cream Live Trading, Best Regards!
I use to be away of charts last 2 weeks in December and first 2 weeks in January, and just calibrate my trades without risk, so Gold is one of them. In this commodity I said to close sell position around 1243 in my case my 20% of full trade from 1293, because it was coming a bull market after I said in my YEN idea, something else is coming up, a war or whatsoever. For these days I'm sure it will happen anyway and market is just trying to be one step forward you do, but at the same time, is coming pretty soon the day to close some positions and avoid the silly risk you would face with.
This is an asset that we can see a massive rally for both sides, heavily up around 1600 - 1900, and then a free fall if China and Russia start to deal a new way to trade GOLD (depending on real inventory).
Have a Good Trading Week and wish you the best
Cream Live Trading, Best Regards!
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