TEARS FOR THOSE WHO DUMPED THEIR GOLD!
Loads of traders - mainly gamblers and those on small time frames - were taken out by a panic in the Gold markets which were affected by bond markets and stock market flake out of 3,500 points (DJI).
True traders - not gamblers - had an idea what was going on.
In this screencast I show an opportunity to go long - subject to acceptable controlled losses - and based on probabilities arising from the technical picture at this time.
NOTE carefully that this is not advice or a guarantee. For every probability estimate in one direction, there is a residual probability in the opposite direction (to be managed by a stop-loss).
See also
Disclaimers: This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself.
True traders - not gamblers - had an idea what was going on.
In this screencast I show an opportunity to go long - subject to acceptable controlled losses - and based on probabilities arising from the technical picture at this time.
NOTE carefully that this is not advice or a guarantee. For every probability estimate in one direction, there is a residual probability in the opposite direction (to be managed by a stop-loss).
See also
Disclaimers: This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself.
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