ApexFX_Pro

i just LOST £10,000!!!

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Is what you would be saying if you are not part of our team ;p

Now our resistance zone ( red box ) we have marked on the chart is a weekly level that price has not been passed since April 2013 so we have been below this level for 6 years, Now we can see price making a slight pullback into our support zone ( green box ) before shooting back up and finally smashing through this level.

The reason we think price will break this level is because the US economy is in trouble no matter how much Trump tries to sugar coat it and pull the wool over peoples eyes, a recession is coming very soon... and i know i keep boring you all by saying it but i am just trying to open your eyes so you can make sure it doesn't hurt you when it hits. As you know when the US economy is in trouble people run out and by gold as its seen as a safe investment... So my advice is to go buy gold and wait till the recession is here then go and buy houses for next to nothing and sell them a few years later when the housing market is back and strong.

Come have a chat with us if you are struggling with trading, or if you need a mindset adjustment ;p
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