Gold Gold Daily Video, December 04, 2020

Good morning,

Today we discuss possible reaction on our 1850 K-resistance area, if NFP supports potential downside retracement


Market approaches 1860 area. I would be looking for nice PA Signal today on 1hr or 4hr chart!? Maybe nice 'Spike' up and quick return back down...BUT' i will not take short position normally on Friday's after NFP and with possible 'other' News over weekend!? Monday perhaps better to wait.!? :oops:
 
Market approaches 1860 area. I would be looking for nice PA Signal today on 1hr or 4hr chart!? Maybe nice 'Spike' up and quick return back down...BUT' i will not take short position normally on Friday's after NFP and with possible 'other' News over weekend!? Monday perhaps better to wait.!? :oops:
Maybe...
Brett, by technicals gold looks nice for shorting, no doubts. But I somehow worry about D. Trump, what if he puts some tricks out of the sleeve... Time is up and he must be hurry. This keeps me out of shorts by far...
 
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