MrRenev

PSA: Don't forget about gold

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
The market heard me, I was starting to be really pissed and complain about nothing happening and boom. 69k Bitcoin of course, Gold exploding, other FX short term positions deciding to go somewhere. The 4 hour candles might just be a 1 time thing, a bait, market loves to do this "hey i'm moving" followed by "just kidding back to swinging up and down randomly". I think what is likely after these explosions, is day and "swing" gamblers snatch their "profits", so the price pullsback a bit, hesitates a tiny bit, and then continues in the breakout direction.

We all share some things. If I bought and I can't take it anymore, then short sellers also can't it anymore, and all of our patiences are similar. Especially if I enter about "on average" not early or late, I'm in the average. Plus I'm always in the market, even if I didn't buy I'm involved paying attention waiting for the setup. So this means I am always in phase. Can't be a coincidence, sorry can't be hundreds of coincidences by now. I am sick of waiting, others are sick of waiting, and that's when the magic happens. I should rely on my feelings and instinct as much as I rely on analysis and stats.

It's been a long long while actually on gold. 1 and a half year, I remember it like it was... maybe not yesterday but 500 days is a long time.

Double bottoms on 50%

It's sending a message here. Doesn't look random to me.


Interesting but maybe not relevant, the price of gold is close to 50,000 Rupees per 10g. I have heard nothing about gold, I don't think it went up because of some hype news.




My bull target (1rst TGT) is 2000-2500. Then 3000, then 5K.


Maybe a good idea to buy some if it restests that area ~1825




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