Gold Spot / U.S. DollarUpdated gold may reverse down
since touching my lower channel, gold has continue driving up towards the median line
however since it is extended, personally prefer to take profit and stand aside
as the move up is still consider as 3 waves up, a move back down cannot be rule out
good luck
however since it is extended, personally prefer to take profit and stand aside
as the move up is still consider as 3 waves up, a move back down cannot be rule out
good luck
Note
glad I close right at the top, nothing is better than taking profit look what happen to price, if am greedy, will cost
although I did not short gold, do not treat it as miss trade as I entered long usdjpy
sometime it is better to stand aside and relax
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.