Hi guys, looking at gold any trader even the individual who just started trading just a week ago is going to say to you that gold is currently bullish and that is very correct. However if you actually take your time to look at gold and take all of the right things into consideration you would infact see that despite the fact that gold is bullish it's still going to push to the downside for the time being.
I know many traders would disagree with this my analysis, but that's okay. We all have our opinions in trading the markets, there's just one way to find out. In a few days time, we'll know whether or whether not this analysis is going to come into a reality
I know many traders would disagree with this my analysis, but that's okay. We all have our opinions in trading the markets, there's just one way to find out. In a few days time, we'll know whether or whether not this analysis is going to come into a reality
Comment:
Close and observe: Hi guys, I know I gave an extremely long target on my gold short, however gold is currently trading at a key zone once again. I just closed out my position at 230 pips, I still believe this can further go to the downside, but base on current price action i closed my trade. There's a possibility that I will be buying gold soon but there's no confirmation as of now. So I'm sitting on the sidelines.
Comment:
GOLD GOLD GOLD..... This has been beautiful so far. yea i did close early, but I was able to get in once again after a little upside retrcement. still in this trade currently. let's see what we can possibly expect this week.