Hello Guys! Let's GOLD these markets. My view point on gold is that it will drop before going up - Double top and false breakout are seen however when entering look at the price action carefully when entering. - There is an unfilled order which I expect price to come down and from there price could potentially move up or down - I see it taking the liquidity from the downside before moving.
If I m wrong I see gold going straight to 1790 but let see. Guys, I m not a Guru meaning I m not always right. So make sure your risk management is good when entering all trades. I'll see how it is at the market open. May Gold be with us.
Trade closed: stop reached
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Sorry guys. Gold hit my SL and it was a risky trade
Comment
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Guys Like I said good need to the liquidity on the downside before moving up and that what it is doing now