Gold is headed towards $999, not for long. $1420 in the books
Updated
Expecting a massive crash in Gold's price right now as I speak when it breaks down from the year long descending channel.
There'll be panic as it'll be all over retail as CNBC starts painting the end of world. That presents one of the best opportunity to buy as it will be heavily shorted and sold by retail.
(see the chart)
There'll be panic as it'll be all over retail as CNBC starts painting the end of world. That presents one of the best opportunity to buy as it will be heavily shorted and sold by retail.
(see the chart)
Note
Entered LONG with tight stops. Doesn't look like big money wants to break this trendline to catch retail stop loss :(
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