As we know price likes to repeat itself as we look left we had a move up and mass psychology played a roll with what happened next could we be seeing the same thing again with price or could we be moving higher ?? what the you guys think with this ? once again this is just advice not an investment!
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update for gold now this still can stand if this comes back into the pattern but we need to see some strong movement away to confirm this trend we will see today !
I think it will continue trending upwards. Disregarding all chart patterns and analysis, Gold is currently reacting to the pandemic and the FEAR. It will continue rising and staying as a SAFE, TP @ 1700
LucasMatthew
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@TomDirse, thank you and i will keep my eyes on this :)
TomDirse
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@LucasMatthew, hopefully you kept your eyes on it! was a great trade.
I see GOLD going further up today after the higher lows. SL: 1607 ENTRY: 1713 | TP: 1784.
For those expecting it to drop, it won’t. Not until fear stops driving the price up.
New Higher Low will be 1748 after today’s rise.
LucasMatthew
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@TomDirse yeah I think I agree it was a lovely trade back with your fundamentals as well it’s corrective action so I can see the move going higher 👍