This is the current sentiment with the Market @ the time/space JUNCTURE. Everything is moving right along as planned. Looking forward to absorbing the Funny Fiat Money....
This is the Current sentiment of the market @ this time/space juncture. MAGIC MONEY is what is also referred to. A Hot market go hand in hand.
THE CLASSIC PSYCHOLOGY OF A MARKET CYCLE. WE SEE THESE EMOTIONS THROUGH RETAIL INVESTORS WORLDWIDE. MAKE SURE YOU HAVE 20/20 HINDSIGHT ON GOLD BEFORE YOU GET CAUGHT IN THE HERD. REMEMBER, NO BIAS. @YUNGFINANCE
Chart is self explanatory. Opened position at 388.20, SL at 378.00 and profit target at 449.00. Risk ratio is 5.96. (I had previously looked at 500 being the upper target but have revised that over the past few days.) The horizontal rays are showing my S/R levels. I believe we should see leg A run up to the 419 area before correcting back down to 400 support...