Hello fellow traders, GOLD might retrace this area in the future.
The idea is buy, if youre on a short positions on 2330-2360 its all in your own.
This is only my view on
GOLD
trying to understand the massive bull trap being made by institutions.
After the run 16% since february, GOLD rise upto 2300$ Im expecting it retrace back to its Lows from 1600, now the institutional buying would be watch at 1700$.
This is higher context, Im basing it from monthly to weekly to daily, but the charts I provide is Daily.
This is not a financial advice either, youre on short? or your on longs. I suggest for longs.
you trade for shorts its on you.
Follow for more Higher and Long/swing trades.
Gonna missed the bleeding commodities.
The idea is buy, if youre on a short positions on 2330-2360 its all in your own.
This is only my view on
GOLD
trying to understand the massive bull trap being made by institutions. After the run 16% since february, GOLD rise upto 2300$ Im expecting it retrace back to its Lows from 1600, now the institutional buying would be watch at 1700$.
This is higher context, Im basing it from monthly to weekly to daily, but the charts I provide is Daily.
This is not a financial advice either, youre on short? or your on longs. I suggest for longs.
you trade for shorts its on you.
Follow for more Higher and Long/swing trades.
Gonna missed the bleeding commodities.