If you followed it congratulations, we did it. Short again from the bulltrap.
If you missed it please say thank to the trolls : below my last gold idea you will find a few. - We might get rid of them if they cannot use their personal message system. Just send them a personal message.
I always welcome the contrarian views below my post. This webpage about sharing thoughts.
But I will fight hard till last troll standing.
The private idea link is here:
We are getting to late for breaking above 1365 in this daily cycle..
So first we need to print a DCL. Currency moves push out the gold cycle again so it will be extremely hard to make money in the 2nd daily cycle. And this intermediate cycle might have topped in the first daily cycle just like last year's second IC with Kim's fireworks. So the 2nd daily cycle can have 6-15-24 days of rally.
Bulls and bears got fleeced. Banks are winner again.
Holding the short position.
Selling back in the next hourly candle
Need to close in the next hourly candle .
Closing scalp longs
Back to full position
RSI reached extremes so in the last hour of trading I started to hedge my shorts.
It's possible we are also testing back the bottom of the range.
With the current situation of reversing stocks and the bouncing dollar I still think
it's extremely dangerous to long gold.