Sive Morten
Special Consultant to the FPA
- Messages
- 18,655
Good morning,
Gold is not stopping to surprise us. 2130 daily OP target has been hit in a blink of an eye. Now few bearish patterns are formed here and downside retracement should be deeper in general. But, market stands just above 2012-2016 daily K-area, so, it would be better to wait for the bounce before considering short entry:
Gold is not stopping to surprise us. 2130 daily OP target has been hit in a blink of an eye. Now few bearish patterns are formed here and downside retracement should be deeper in general. But, market stands just above 2012-2016 daily K-area, so, it would be better to wait for the bounce before considering short entry: