GOLD MAY BE STRONG... BUT FOR HOW LONG ?
In a overall trend, we have BEARISH momentum. Although we had this strong pullback in those last weeks, I'm paying to see the time that GOLD is going to drop.
If the above statement happens and before it does, I wanna see Price Action showing it. Do not just jump in trades. Try to analyze the most likely outcome based on your confluences and probabilities. Have a good risk management. Period. You have your money.
Personally, I'm waiting for GOLD to get out of that consolidation/order gathering zone. So what I'm looking for is some rejections around that highlighted area. Once it happens, I'm entering with some hedging lots, so let's see..
If the above statement happens and before it does, I wanna see Price Action showing it. Do not just jump in trades. Try to analyze the most likely outcome based on your confluences and probabilities. Have a good risk management. Period. You have your money.
Personally, I'm waiting for GOLD to get out of that consolidation/order gathering zone. So what I'm looking for is some rejections around that highlighted area. Once it happens, I'm entering with some hedging lots, so let's see..
Ordre annulé
PA didn't happen, so we don't trade it.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.