August 2016 was the last time Gold found its way higher than this zone, so we are expecting resistance once again and possibly another big sell off.
Start thinking like the big traders.. because this is where they have obviously set sell orders before so what makes you think they haven't this time? if they have we will have a large movement very soon.... Then we will all be laughing all the way to the Porsche garage ;p what colour would you like your Porsche in?
So the moral of the story is think outside the box, stop thinking like a little trader and OPEN YOUR EYES.
@Loii, haha nice 👌 I might get the GT2s in green 😍
jayD420
⋅
nice... ;)
Aphaynes
⋅
ALL market sentiment is to the upside, Trillions are being ploughed into Gold and Franc as the US are about to cut rates, Also you can see the amount being dumped into Crypto which just proves it. no way this is going anywhere else but up!
fali4209
⋅
Are you still short on this. I’ve closed longs for now as I expect a drop coming at res 1427
MrPipFX
⋅
Thinking like a big trader.. would you not say very recent fundamentals would support another push to the upside? With all this stuff going on with US and Iran everyone is flocking to the safe havens, especially with the FED expecting to reduce rates in July it'll be negative for the dollar meaning more money being pumped into JPY and Gold.
Just my thoughts, I'm interested in hearing yours!
ApexFX_Pro
⋅
is somebody thinking outside the box? ;p with trades at such strong levels you can get away with a really tight SL anyway so if it it hit then you haven't lost much, but if it does respect the level the rewards at huge.