Gold will not be taking out the most recent hig's. It willl need to slowly make it's way to 1922-1924 to mitigate the last sell to buy candle before taking out these most recent highs. We will see bullish moments in Gold this week, but overall Gold will be bearish in General. Se my most recent Idea on Gold about mitigating the last sell to buy candle to understand why you should sell gold now.
XAUUSD
Note
Waiting for a pull back to 1957.77 .. if we get it to add another sell position.Trade closed: target reached
And this is why when I hit 5 pips I put my SL at even.You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
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You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
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.