Most traders seen on gold chat have purchased yesterday's lows and promised to hold till end of week, after seeing such a "large drop" in a single day, they believe this is the best course of action.
From my perspective price will trade below yesterday's low and then up to the projected target.
#XAUUSD
From my perspective price will trade below yesterday's low and then up to the projected target.
#XAUUSD
Note
Which scenario do you think will happen?Note
Very slow Asian sessionNote
We did not get the original move (A) into (B) but we are now seeing the (b) move into (c).No guarantees that we will reach that high but our long position is in profit and we will take as much as the market will give!
Trade closed: target reached
We did it again! All targets reached! Institute traders received this call 24 hours before everyone else. Next direction for gold already sent out. What are you waiting for?
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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.