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MountDaba
28 jul 2020 19:41

Where next? Kort

Beskrivning

As anticipated, we are now back to the potential sell zone.

We will only sell if the current fundamentals driving the buying of Gold wanes. Else, we monitor price action and manage our risks accordingly.
My bias is short for now until price pushes through to the up side.

Kommentera

We are now back in sell zone. if price breaks above 1980, then the sell idea becomes invalid. Let's see how it plays out.

Kommentera

The price action is following our idea at the moment. Let monitor it until we cross 1943.xx

Kommentera

Unfortunately, the fundamentals were stronger than our technicals on this idea.
We will move onto the next opportunity.

Trade stängt: Stopp nått

Kommentarer
Maverick0723
next resistance?
MountDaba
@pavelmitkov07, As mentioned in the ideas, the fundamentals at play are too strong at the moment. Althought the current resistance is still holding, but as dollar is weak beyond anyones' s expectations, I will be cautious any further sells for now.
rr7yxqfygj
Doubt it’s gonna follow this gonna shoot up futhur
rr7yxqfygj
So far so good
Mer