XAUUSD gold could possibly drop to 1800.00 in my opinion and then look for highs into 1850.00 once again for swing trades.
Comment:
as mentioned previously could possibly drop then head back to 1850 the pair is currently moving around 1833.28 at the time of this comment my opinion is still bullish on this pair until 1850, then we can look at this again and see where it will head to
Comment:
the trade is moving towards the direction of my prediction and target like I said 1850.00 is the target that I expect gold to hit and I am not bothered whether it hit the stop loss or not because I was expecting a drop to the downside before going bullish, the market does that to hit stop losses gains liquidity and goes up.
Comment:
the reason why I put my entry at 1800.00 buys was that I knew it has to drop first before going up on one of my previous ideas I did say it could hit previous lows before going up I did have a nice stop loss for it and it did go as I expected it to, but it as jus that I could of waited for a better entry and stop loss at 1788.00 and 1785.00 would of been much better stop loss but markets do go crazy at times it is not 100% certain to predict it 100% accurately.