Gold short
12.11.23 I was looking at the gold chart tonight and it's about 2:00 am in the morning and it looks like gold is going lower. So I try to analyze it as a buyer and a seller to determine what my target should be and what my stops should be. It's a little bit of a pain in the neck and that's because this is a contracted market and they're very difficult to trade. on the other hand buyers do not control this market... henceforth the video was probably 5 to 10 minutes longer than it needed to be... and yet I think it'll probably trade lower. The importance of noticing contraction of a market... and non-volatile price action is that you can pin the problem on the market because contracted markets are always tougher to trade... unless you take a trade and then this might be your problem. volatile markets are easier to trade the non-volatable markets. If you believe differently, you might want to rethink that.
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