With this post, we don't want to say that Gold cant keeps rising, the idea we want to give is:
a) If you have opened positions on the previous corrective Structure, then you have a good market movement in your favour
b) If your current risk-reward ratio is above 1.5, then it is a good level to take profits
c) The reason is: we are in the all-time high zones, and it is uncertain how the price can behave here
d) Our approach is always to close positions on relevant support resistance zones, and then wait again for a clear corrective Structures like the 2 that you can see on this chart.
a) If you have opened positions on the previous corrective Structure, then you have a good market movement in your favour
b) If your current risk-reward ratio is above 1.5, then it is a good level to take profits
c) The reason is: we are in the all-time high zones, and it is uncertain how the price can behave here
d) Our approach is always to close positions on relevant support resistance zones, and then wait again for a clear corrective Structures like the 2 that you can see on this chart.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.