Okay, the last idea posted, if you took the buy Gold give you 38$ move which is not bad at all. But it is not going and failed above 1518.
So Like stated in the previous idea there is a chance to break the previous Low because the Direction is 15.
So One can look for sells if you want to risk, down to 1471 area, but then that area becomes the crazy buy zone.
Remember we will get the move up which will break the previous Highs yet again, so if you're a bear, I suggest you to buy some Food reserves like Macaroni, Buckwheat, Sugar and some clothes because you'll lose money and go homeless.
Love ya.
So Like stated in the previous idea there is a chance to break the previous Low because the Direction is 15.
So One can look for sells if you want to risk, down to 1471 area, but then that area becomes the crazy buy zone.
Remember we will get the move up which will break the previous Highs yet again, so if you're a bear, I suggest you to buy some Food reserves like Macaroni, Buckwheat, Sugar and some clothes because you'll lose money and go homeless.
Love ya.
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And no I am not a Gold bug, no F given, and we will ride the Gold down back to hell, but all up move transition cyclings should be completed.
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Here came the sell. I suggest to start packing up the gold bags, sometimes it is pretty hard to spot the exact retracements. If you can afford to live with a drawdown which can max out 1471-67 ( in case ) you can start buying. My Islamic accounts are packed since they don't pay swaps. Sooner or later we will travel for the new highs yet again. Tons of money to be made.
Good Luck!
Good Luck!
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Some news said this, some other news said this, blah blah blah, follow fundamentals.
The fun fact that you chuckleheads trading news can't get in your head is that you can't trade based on fundamentals simply because you have absolutely ZERO clue how the market will react to those particular fundamental events. You have no clue what fundamental events will follow the previous ones. ZERO idea. Someone drops a rocket on an oil rig oh damn oil going to the moon, you buy, oil drops, oh hell, trump tweeted that he will release reserves and supply the shit, oh shit sell to close the gap, oil goes back up, oh damn wtf, Saudi Arabia said they need 2 months to fix the shit, lets buy again, oil drops, oh damn FML what happened again, oh International Energy Agency just tweeted that they will supply the shit while Saudi is fixing the rig. ZERO clue. Go blow your account.
The fun fact that you chuckleheads trading news can't get in your head is that you can't trade based on fundamentals simply because you have absolutely ZERO clue how the market will react to those particular fundamental events. You have no clue what fundamental events will follow the previous ones. ZERO idea. Someone drops a rocket on an oil rig oh damn oil going to the moon, you buy, oil drops, oh hell, trump tweeted that he will release reserves and supply the shit, oh shit sell to close the gap, oil goes back up, oh damn wtf, Saudi Arabia said they need 2 months to fix the shit, lets buy again, oil drops, oh damn FML what happened again, oh International Energy Agency just tweeted that they will supply the shit while Saudi is fixing the rig. ZERO clue. Go blow your account.
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Let's go, Silver and Gold ready ( let the chart guide us )
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Both metals printing. Move stops to be. Have a great week.