Gold bearish mid term scenario
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I think these next week or two will pay out this move, push up to test the trend line around 1970ish, then if a bearish candle close 4h,6h,12h or daily on or below the trend line would (for me) put pressure on price downwards. This kind of makes sense with dollar potentially strengthening and 30y usbonds looking to boost.
Any bullish momentum above 1975 will nullify this idea.
This is not a signal, just an idea. Check out my previous projection on 27 Aug, this is still in play
All the best folks and remember never to over leverage. Dont gamble your capital. Consistent gains should always be the focus and always use a SL
Any bullish momentum above 1975 will nullify this idea.
This is not a signal, just an idea. Check out my previous projection on 27 Aug, this is still in play
All the best folks and remember never to over leverage. Dont gamble your capital. Consistent gains should always be the focus and always use a SL
Nota
$3 off the SL on that buy - the rest worked out great!!!Nota
idea took ages... but still in play
Penafian
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