BOUNCE or DIE. Gold at crossroads
Hi Folks:
The idea was good half way and then it went down. Currently we are again at an important support area, intersection of few channels so let's see what happens from here.
Fundamentally speaking it should be going down as USD is performing good and soon there will be rate hikes so let's see.
If you are uncertain just hedge, deep breath and wait for clarity.
Cheers
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Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
The idea was good half way and then it went down. Currently we are again at an important support area, intersection of few channels so let's see what happens from here.
Fundamentally speaking it should be going down as USD is performing good and soon there will be rate hikes so let's see.
If you are uncertain just hedge, deep breath and wait for clarity.
Cheers
-------------------------------------------------
Remember, if you liked this idea don't forget to click LIKE and FOLLOW. That will encourage me to continue charting for you.
Trade closed manually:
Grabbed the profit and off. It doesn't look like having steam to go up at this moment. Just published a new idea that summarises the situation.
