on Corona new wave , dax dow crash down , force many pro trader close their buy(increase free margin for buy on dax,dow) ,so gold push down (technicaly gold is buy now to 1920
in coming week we see + trend but but if dax dow go downer , can force big trader close more gold buy s and gold see mini crash
still we advice loking for buy in deep (for hold 7-8 day) with SL= last low or support or 8.00$
ALERT of mini crash = many big banks trader have big buys on index like dowjones , dax ,,,, if they crash more , they will inter margin call , so they must close gold buys , so be carefull from minicrash on gold, silver
if like me you have open buys , put SL or hedge sellstop under low ,,, allow mini crash happen and back then close hedge sell ( never close hedge sell in low , if market go downer= margin call) wait 7-8 day gold go down and go up (+ trend come)
personaly i will hold my buys (pick in low 1720) and will wait to 1920 , gold daily chart maintrend is very +++ can go to 2050 $
MUSTAFA-QATAR
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@ramin_trader2006, I think first we go to 1740/50 , after that we go up. Its depends on what the traders in far east going to do...
MUSTAFA-QATAR
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@MUSTAFA-QATAR, you still wanna bed ...we go to 1740/50 for sure..