stanchiam

gold may reverse down

stanchiam Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
9
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
Comment:
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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