GOLD SHOULD TEST DEEPER
Hi All, Hope you are doing great,
Well do not get trapped by the market since all are still considering to execute long positions,
My opinion on current scenario is that even after developing continuation market won't go impulsively bullish since all indications are continuation of selling,
Price range 2370 to Price range 2384 :
Lets just keep this price ranges in your mind where price has to give us next direction,
As many of you know that I don't trade on predictions but only market reactions so this is very important to under stand that you cannot predict next move but only price range where price can develop any reaction to consider your position,
In case price is developing reversal which are 80% chances, Then in this case we will go for short other wise on continuation we will go for next long ride,
Keep watching updates :)
Best Regards
Well do not get trapped by the market since all are still considering to execute long positions,
My opinion on current scenario is that even after developing continuation market won't go impulsively bullish since all indications are continuation of selling,
Price range 2370 to Price range 2384 :
Lets just keep this price ranges in your mind where price has to give us next direction,
As many of you know that I don't trade on predictions but only market reactions so this is very important to under stand that you cannot predict next move but only price range where price can develop any reaction to consider your position,
In case price is developing reversal which are 80% chances, Then in this case we will go for short other wise on continuation we will go for next long ride,
Keep watching updates :)
Best Regards
Investment and structure planning :
DM
DM
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