hi, Ive been bearish on gold (check my post) and I still am.
on this level, I see gold is going to end its consolidation which is wave (i) and (ii), and finally sets way south.
i have all my shorts from 1900 and above 1850 protected with trailed SL.
latest short was at 1829 and will be protected at once we reach wave (iii)
trade well,
Alex
Hi, I still see short opportunity on gold, unless we have new higher high above 1858 then I will re assess.
Good R:R if u take it from this area.
Trade Well,
Alex
Hi, Gold moves as expected, and we had a good short.
this is my current though on gold for now.
im more focus on shorting, if u want to buy make sure u have a very tight & calculated risk.
trade well,
Alex
Hi, i see a good 1 2 (i) (ii) formation on gold which gives good opportunity for short from current area up to 1851 zone.
this opportunity also gives very good R:R
trade well,
Alex
