2108 GOLD may need a big move before leg down
Hello traders,
GOLD is still on my selling list.
But if you are still out of the market and waiting for a new chance to open sell, you should wait.
Because it is too perfect all moving inside the downtrend channel without any chance to breakout. Before making a new low, a fake breaking out signal of the channel is so necessary. That is why there is a wide moving arrow on this chart.
GOOD LUCK ON BE PATIENT.
Patience is a very important technique that many traders miss.
LESS IS MORE!
GOLD is still on my selling list.
But if you are still out of the market and waiting for a new chance to open sell, you should wait.
Because it is too perfect all moving inside the downtrend channel without any chance to breakout. Before making a new low, a fake breaking out signal of the channel is so necessary. That is why there is a wide moving arrow on this chart.
GOOD LUCK ON BE PATIENT.
Patience is a very important technique that many traders miss.
LESS IS MORE!
Course and daily analysis sent via email, to sub via web:
signalsofswingtrading.com
Wechat: ziyuvera
Tele: t.me/VeraFuntrader
signalsofswingtrading.com
Wechat: ziyuvera
Tele: t.me/VeraFuntrader
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.