ahmedse

Thought on Gold Moves

ahmedse Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Risk reaction will continue till 1615 (some fib. retracement),
then with the FOMO effect loads will buy gold, and big institutional traders will then short the gold to squeeze profit out of them. First to 1400 with fluctuations there, then down to 1200.

Then they will cancel most other traders with the trick move, and the real gold price ascent will happen from 2021 onward to 1800$
(I cant expect later)
Trade closed manually:
Exiting at 1494, 2% loss

Idea Updated in different post
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