On election day, gold shot up through its previous hifh. being an end-of-day trader I waited for close to consider buying or selling. Gold has been in my prebuy zone for quite some time, the rise on election day al,ost had be buying on spot. I decided to just follow the system as there are no other bullish indications. At the end of the day price went back down and the system didn't buy.
Comments
piriya33
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Exit Short 1150
piriya33
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PRE signal to exit short.
Gold reaches first Target, might test target or might not.
Tighten SL to secure profit and watch closely.
piriya33
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Walking on the 61.8% retracement line for a few days now.
Might shoot to 78.6% , I'm keeping a close SL just in case.