Six days ago, I posted this chart about Gold and that I was selling Gold and told whoever wanted to listen to also sell:
Well, the above chart shows what has happened since I posted that trade on Gold . And it isn't done dropping. I fully expect that Gold will reach all the way down to the bottom TL of that EED pattern I posted.
The recent price action has now created a POTENTIAL and that bat's completion ends below that EED that I posted.
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!
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