hello
as you see i tried to update my fibo tool but in general my targets still the same. the best profitable entry as a seller is after breaking down the lower level 1771.5 when we can assist to an accelating fall of gold price.
As i said all the time we do not have a cristal ball, but we try to react efficiently and rationally.
good luck
Im expecting Gold to fall as Trump will win the elections to the strong level at 1860. If it does break 1860 im expecting it to have a false break out and should enter a buy on a retest back up or at a 4 hour candle that closes bulling above 1860. We are going down to an area of liquidity which should enable me to enter a long buy position.
So very good opportunities are coming in gold , we can take advantage from this by very low risk and small lot sizes ... and our stop levels will be 1240.00 ...
