Had a strong bias for Gold buys long term, but I had to really look over the charts completely to see what signs I may have missed..
A) If you plot a line from the opening day's price of Golds all time high you will see that it test that price on 3 separate days in December and ever since then its been dropping aggressively and each bullish trend we get is short lived .
B) Since the HOM of December they have been trapping buyers....I mean they are trapping Sellers too but who have they been trapping more aggressively? A big drop Imminent?
My thoughts is possibly one Mighty Judas swing up before a major Sell off until the end of the year...This may be a year for the bears..just my two cents...
wish you all a great trading week!
A) If you plot a line from the opening day's price of Golds all time high you will see that it test that price on 3 separate days in December and ever since then its been dropping aggressively and each bullish trend we get is short lived .
B) Since the HOM of December they have been trapping buyers....I mean they are trapping Sellers too but who have they been trapping more aggressively? A big drop Imminent?
My thoughts is possibly one Mighty Judas swing up before a major Sell off until the end of the year...This may be a year for the bears..just my two cents...
wish you all a great trading week!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.