GOLD - STILL BEARISH - Always follow technicals and patterns. Life and the market follows patterns but will change based on recognised patterns. Like life, FUNDAMENTALS/EVENTS out of your control will change the pattern. Intraday trading: 1: Look at the long trend - week and Day 2: Look at news and reports - This will give basic validation on volatility and...
Always look at the long term trend for long term trading.....Basic 1 HR Triangle. Look at Day, Weekly and then 4h and 1 hr