XAU/USD WEDGE BREAKOUT THEN PULLBACK YEARLY TRADITIONAL MOVE
Hello all,
Based on my prior experience we usually had a December rally in each year, when gold went to stong bullish momentum. I am planning to get to this ride with a short position, but ultimately I would like to short it back from the 1870$ level. That 1870$ level was also a key point during this year bull run, so a healthy pullback from it would be useful in the long run, considering that we could enter into a strong bull cycle in the upcoming future.
Based on my prior experience we usually had a December rally in each year, when gold went to stong bullish momentum. I am planning to get to this ride with a short position, but ultimately I would like to short it back from the 1870$ level. That 1870$ level was also a key point during this year bull run, so a healthy pullback from it would be useful in the long run, considering that we could enter into a strong bull cycle in the upcoming future.
Nota
So far its a brutal rejection of the breakout. STOPPED OUT MY EARLY LONG POSITION
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.