update on my previous gold analysis :
for the first analysis , stop loss was 900 pips away from my entry. same setup but this is on a 4hr time frame. stop loss also adjusted to last week's low after falling wedge confirmed wave 5 of C has completed. stop loss now adjusted from 900pips to 200pips. TP is over 6000pips
apply risk management and best of luck
Good day folks,
I reviewed my mid-term view on gold, and I think that it is pretty obvious that the metal will shine this year. As per the title, I expect 5 to 10% upside for the year. We gonna see later if the stock reverse at 128 and close under the red line (resistance 1). In such case, GLD would be in a triangle. If it breaks out, the channel will be my...
