Q4Signs

Q4Signs

We can see gold has been on a ridiculous bullish run given all the uncertainty in the market. I believe if this continues we can see further upside - however I am going out on a limb to say this weekly candle will either brush the 3090 level or close as red. I have entered short positions via market order (in the royal blue colour) and have also set limit orders...

Q4Signs

On Friday 21t March gold re tested 3k USD level which is a major psychological and physical support level. The momentum is clearly to the upside however drastic news releases and economic tension are promoting sellers to enter the market. By encouraging and rewarding short sellers the opposite may occur in which short sellers are drastically and suddenly taken out...