Today is Thursday April 25 6:30pm EST. Here is the daily prediction for tomorrow's price action in the gold market.
Caution: Yesterdays prediction could not have been better. Members have made quite a lot and its easy to become over confident. Tomorrow is Friday and we've been trading in somewhat of a tight range. I expect a big fake move to the upside to catch traders who did not participate in the multiple long opportunities so far this week. Then take them out of the market by dropping the price lower.
This is some psychology behind the move.
Caution: Yesterdays prediction could not have been better. Members have made quite a lot and its easy to become over confident. Tomorrow is Friday and we've been trading in somewhat of a tight range. I expect a big fake move to the upside to catch traders who did not participate in the multiple long opportunities so far this week. Then take them out of the market by dropping the price lower.
This is some psychology behind the move.
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