Gold trading for today as 13-04-2021
dear Gold lover,
another day in paradise? did you get another jackpot?
they said the US economy recovered faster than expected, so they pull out all the money from foreign country
to invest back in the US, as you can see index get higher and higher
but as a law of investment, if they buy stock they sell the Gold they hold...
see the H4 chart, it is going down faster than last month
Today area 1723 is a SS and a VERY critical area
we think it will be a bounce-back (UP) for a while before continuing to down
if this area breaks then you know where Gold will be landed
DR for today could be 1736.50 - 1724
for swing still SHORT
happy trading
another day in paradise? did you get another jackpot?
they said the US economy recovered faster than expected, so they pull out all the money from foreign country
to invest back in the US, as you can see index get higher and higher
but as a law of investment, if they buy stock they sell the Gold they hold...
see the H4 chart, it is going down faster than last month
Today area 1723 is a SS and a VERY critical area
we think it will be a bounce-back (UP) for a while before continuing to down
if this area breaks then you know where Gold will be landed
DR for today could be 1736.50 - 1724
for swing still SHORT
happy trading
yes it bounces but it jumps to hyperspace