There are quite a few gold bugs thinking that buying as "support" is a great thing to do here. They are buying the "dip."
I've been saying since the high that GOLD is in a bear market and I shorted the top.
But now I have no interest in gold whatsoever. Much better trades elsewhere.
Anyhow where do you think all the goldbugs stop losses are 😸?
Once you realise it is kinda funny.
But GOLD cant go lower right because GOLD strongk...
What could possibly go wrong 😸.
Not shorting.
Not advice.
I've been saying since the high that GOLD is in a bear market and I shorted the top.
But now I have no interest in gold whatsoever. Much better trades elsewhere.
Anyhow where do you think all the goldbugs stop losses are 😸?
Once you realise it is kinda funny.
But GOLD cant go lower right because GOLD strongk...
What could possibly go wrong 😸.
Not shorting.
Not advice.
Note
Who is buying "support" here? Who is holding and hoping here? Come on own up 😄.
Plenty of very trapped buyers from February I think.
Note
GOLD falling out of the ascending wedge. Support just below. This could get messy in the not too distant future.Note
🙀
Your FA guru can't read a chart💭
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I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
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.