SmileR2020

Still long from 1840....seasonal long trade

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Hoping we hit 1950/ 1960 this week/ early next week and will take half profit and move stoploss to entry at 1840. First week of january normally very strong for gold as money managers buy back in for new year.....Most traders focus on the technical signals and pay little attention to seasonality and COT (commitment of trader) reports....a big mistake....always follow the smart money