Wolverinos

Almost a perfect entry point for Gold

Long
Wolverinos Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
I have been waiting a few week again to get a super position to get into gold with high leverage.
I believe there could be a lower subwave 5 of this last correction (hopefully) to go long with high risk.
But my short positions will be still primordial.
I will be going in with short stop losses of-course, but you gotta be ready when the first moonshot plays out...
Anyway, on the daily chart we're at the end of a gian bullflag... but anyway, even if it get's to the resistance of 1350 usd again,
that will be a nice gain.
Comment:
I was a little wrong about this one, but it came back on a similar level before the small break-out... gold seems to stick to horizontal levels, which this guy predicted very well:
Comment:
DongRui:
Comment:
that's some crazy indecisiveness

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.