What I like about GOLD at this point now is continuously experiencing lower LOWS and lower HIGHS .... I am expecting another downward movement to a lower LOW !
My expectation is lower than 1081 - 1079 level as once this level break then we can hope to go lower since many other traders will switch to the SHORT side....
I am trying to be a bit earlier ....
Trade active
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Very nice downward movement as predicted...
I will now move the stop lower and hope it will break the barrier and continue going lower to 1056 - 1062 zone....
Good luck everyone !!
Trade active
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The price went below 1081 level now.... and I am expecting it to break in the next 15 minutes with strong downward movement.....
If it does then I will go to sleep and hope at went as expected....
If not I will get the hell out .... and go to bed anyway....
Good luck everyone!!
Trade closed manually
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Close as went lower but my stop is too tight and happy to see the direction is good .... Will learn to be more patient in the future !