GOLD ANALYSIS
Happy new week and pipful week in Advance Foxes.
BEYOND TECHNICALLY ANALYSIS.
Looking at the chart technically you'll notice that the charts is all about Stop hunts and liquidity grabs,choppy movements last week was redunant (PA wise).
Nothing seems to be working in the Economy as a whole.
Inflation Fear in UK & low purchase power since 1981.
Yes you might say But GOLD is usually used for hedge against inflation, Fams not this time the economy is stagnant and uncertain,its apparent that people prepare to sit on Cash(USD).
My plan is to short GOLD marked areas are where I'll be looking to do so.
With proper risk management I'll be fine GL.
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