It has been erratic...

FX:XAUUSD   Gold Spot / U.S. Dollar
64 4 1
... but it becomes clearer now again. Breakthrough - retest - down again - that means that it the downtrend should continue.
And it remains erratic at this level. I am closing the position with little loss. Will a bottom be built here?
+1 Reply
jangseohee motleifaul
yes, intraday is very erratic, which is why i seldom take part
IvanLabrie jangseohee
Gold moves with clarity in the weekly and monthly timeframe...monthly is way better than weekly.
Lower than that, it's too risky.
+1 Reply
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