As Gold slowly loses long-side impetus, it is important to make wise entry/exit decisions.
These come back on natural flow and technical aspects, as well as the feeding market sentiment.
Changes to rate cut bets have caused slight negative impetus, and a weak tentative fall.
Looking for Re-shorts inline with prev highs / Re-longs in line with swing long zones labelled.
Watch for more.
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Light re-shorts appropriate.
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Maintaining short bias as markets crumble.
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Still no upside. Awaiting FED. Maintaining short ideology.
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Light RE short at highs on maintained rhetoric (no signif change)
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Enter Shorts on previous rejection areas (highs)
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Re-shorts inline with core risk management applicable.
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Holding RE-shorts on current rejection. PA levels below exist for exits. Do not slam in and space out entries massively (100$ Min) with very low sizes.
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Maintaining short bias. Remember, do not thump in believing this is the final move. It can, and in many cases will, go higher.
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Feel free to re-short if you exited for gains yesterday on the above ^