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Gold, stay away for 3 months
Gold Futures
Short
Gold, stay away for 3 months
By qero
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Updated
Mar 5, 2020
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Feb 11, 2020
No mater how bad the news around you, look at the gold, it's NOT going for new high!
stay away from it until it reach a 0.618 retracement area, about 1510
however, I expect it runs 3 months and end during Apr 2020. price level will be adjusted with the time frame.
Mar 5, 2020
Comment
I was expect an correction of multi-month length of time, but the virus just make it happened in one single day!
so, I'll close this idea now. the CORRECTION IS DONE!
I'll post a new idea of up trend with target this weekend(hopefully)
:)
Mar 5, 2020
Trade closed: target reached
as stated above, the correction is finished in a day.
Chart Patterns
GC
GDX
GLD
Gold
goldshort
Trend Analysis
qero
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