GOLD | Time to cool-off ? | 10 JAN 2020
STRONG rejection from $1,600. Huge sell-off is expected to continue during Q1 2020.
On the technical side, there is a clear break of the upside trendline. So might see a quick $20-$30 drop very soon.
P.S. Yes we know what happened with out last analysis, but this is the market, you are never 100% correct. For that, we'd like to leave the following quote:
“The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.” – Ed Seykota
On the technical side, there is a clear break of the upside trendline. So might see a quick $20-$30 drop very soon.
P.S. Yes we know what happened with out last analysis, but this is the market, you are never 100% correct. For that, we'd like to leave the following quote:
“The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.” – Ed Seykota
Free Discord: discord.gg/HpF9uG35Zs
Instagram: @UncleBullGroup
Website: unclebullgroup.com
Instagram: @UncleBullGroup
Website: unclebullgroup.com
Free Discord: discord.gg/HpF9uG35Zs
Instagram: @UncleBullGroup
Website: unclebullgroup.com
Instagram: @UncleBullGroup
Website: unclebullgroup.com
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.