It has been erratic... Short

Gold/U.S. DollarFXCM

Description

⋅ Mar 10, 2015 4:58 PM

... but it becomes clearer now again. Breakthrough - retest - down again - that means that it the downtrend should continue.

Comments

motleifaul

⋅ Mar 12, 2015 1:07 PM

And it remains erratic at this level. I am closing the position with little loss. Will a bottom be built here?

jangseohee

⋅ Mar 12, 2015 1:14 PM

yes, intraday is very erratic, which is why i seldom take part

IvanLabrie

⋅ Mar 12, 2015 1:17 PM

Gold moves with clarity in the weekly and monthly timeframe...monthly is way better than weekly.
Lower than that, it's too risky.

jangseohee

⋅ Mar 10, 2015 4:59 PM

:-)