2020/07/17 06.55AM (GMT+7)
Yesterday's downfall (use BGM: Skyfall) was unexpected, so now I use a longer candlechart for the Fibonacci (or perhaps weekly, I'll test it next week). When I see it in a longer timeframe, it is still on the track (on 0.786 = 1795.52 area). Looking for opportunity to buy a little more if the price climb again and break 0.618 = 1799.64 because I still believe that gold will reach 1814 again (0 on Fibo = 1814.77) and maybe rocketing through 1820 and beyond.
Let see what will happen today. Will it break 1814? Or on Monday? Or maybe in the near future?
I still have the 1810.80 BUY and 1806.00 BUY.
I'm still new to trading, so if you have any comments, critics, or suggestion, feel free to share it here.
Happy trading and happy weekend guys.
RFS-ID
WARNING:
This is for my personal trading record and analysis only, not as a trading suggestion.
You should trade responsibly based on your analysis and calculation, but if you want to follow me, follow at your own risk.
Yesterday's downfall (use BGM: Skyfall) was unexpected, so now I use a longer candlechart for the Fibonacci (or perhaps weekly, I'll test it next week). When I see it in a longer timeframe, it is still on the track (on 0.786 = 1795.52 area). Looking for opportunity to buy a little more if the price climb again and break 0.618 = 1799.64 because I still believe that gold will reach 1814 again (0 on Fibo = 1814.77) and maybe rocketing through 1820 and beyond.
Let see what will happen today. Will it break 1814? Or on Monday? Or maybe in the near future?
I still have the 1810.80 BUY and 1806.00 BUY.
I'm still new to trading, so if you have any comments, critics, or suggestion, feel free to share it here.
Happy trading and happy weekend guys.
RFS-ID
WARNING:
This is for my personal trading record and analysis only, not as a trading suggestion.
You should trade responsibly based on your analysis and calculation, but if you want to follow me, follow at your own risk.
Comment:
Update on 2020/07/18 10.30AM (GMT+7)
The price broke through 1800 but I was hesitant to buy again since I still have the 1806 buy & 1810 buy. The price climbed up until 1811 (and yeah, I missed to get some profit there if I didn't hesitate) but I didn't sell those two because I'm waiting for the 1814 breakout. And then the price drop to 1808 - 1809 and closed on 1809.96. Now I'm waiting for the opportunity to sell those two when the price break through 1814.
The price broke through 1800 but I was hesitant to buy again since I still have the 1806 buy & 1810 buy. The price climbed up until 1811 (and yeah, I missed to get some profit there if I didn't hesitate) but I didn't sell those two because I'm waiting for the 1814 breakout. And then the price drop to 1808 - 1809 and closed on 1809.96. Now I'm waiting for the opportunity to sell those two when the price break through 1814.
Still going sideways on 1798 - 1799, but for a brief moment it broke through 1800 (on 1800.02) but then going back to 1799 again. Currently waiting for the real break of 1800 here.