Time to buy Gold for short term with potential for longer term
Exactly as expected.
I wasn't trading Gold but unfortunately, my EA had opened 3 small buys behind my back :D, my account went to 20+% drawdown but luckily it seems is over (Judging by XAUEUR -see the image below, USDJPY and the flag for sell on SP500)
Next week I will publish my idea about Gold's 5 wave impulse and explain why I think we are in 4th wave and this down move was a part of it. I believe this was wave A of the correction inside the 4th wave.
I wasn't trading Gold but unfortunately, my EA had opened 3 small buys behind my back :D, my account went to 20+% drawdown but luckily it seems is over (Judging by XAUEUR -see the image below, USDJPY and the flag for sell on SP500)
Next week I will publish my idea about Gold's 5 wave impulse and explain why I think we are in 4th wave and this down move was a part of it. I believe this was wave A of the correction inside the 4th wave.
Nota
Gold to Euro (XAUEUR) is showing a clearer picture: Nota
My view of 5 waves of impulse and the ABC correction which is forming the 4th wave:(Please do correct me if you think I'm wrong)
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.