Gold trading ideas, catching the move from bottom
Good day Traders.
In our last forecast (attached below), we told that gold will shoot up and touch the 1800$ by end of the year. It went in that level before the year end and going up more. We catched more than $300 dollars.
Now Gold is in strong uptrend after the reversal and just going upward without providing any pullback. Thats the nature of the gold movement in every trends. So, one of the startegy to trade gold is , "you should not counter trend the move" either it is in uptrend or downtrend.
We are now waiting for the market to give the pullback at least 100$ to go for long again. It can go straight up from here making all time new time but we are not interested to buy from the current level. We will not sell it either. We will wait until the market give us a move that we are expecting.
Always trade with proper Risk management & use proper stop loss.
Folow us for more forecast.
Thank you!
Trade Hub Japan
In our last forecast (attached below), we told that gold will shoot up and touch the 1800$ by end of the year. It went in that level before the year end and going up more. We catched more than $300 dollars.
Now Gold is in strong uptrend after the reversal and just going upward without providing any pullback. Thats the nature of the gold movement in every trends. So, one of the startegy to trade gold is , "you should not counter trend the move" either it is in uptrend or downtrend.
We are now waiting for the market to give the pullback at least 100$ to go for long again. It can go straight up from here making all time new time but we are not interested to buy from the current level. We will not sell it either. We will wait until the market give us a move that we are expecting.
Always trade with proper Risk management & use proper stop loss.
Folow us for more forecast.
Thank you!
Trade Hub Japan
