đź“–Simple GOLD plan: follow the trend after ATHđź“–
Probably now you'll see a lot of arrows pointing down all over TV. However, keep in mind two simple facts in play: Gold reached ATH recently, and second - it sustains a clear bullish trend.
With that said, if bullish will remain clear in entry timeframes - I'll follow.
My second expectation is gold just falling into an unclear flat market.
I DO NOT recommend trading any shorts. They will not be your beautiful straightforward down impulses after you predicted the top. Usually, price just chops around taking out everyone. So it's bullish or nothing for me, at least until we reach the invalidation point.
With that said, if bullish will remain clear in entry timeframes - I'll follow.
My second expectation is gold just falling into an unclear flat market.
I DO NOT recommend trading any shorts. They will not be your beautiful straightforward down impulses after you predicted the top. Usually, price just chops around taking out everyone. So it's bullish or nothing for me, at least until we reach the invalidation point.
