Gold reached 1500 and now market participants, media and everyone else is getting more and more bullish.
Elliott Wave tells us that when sentiment reaches such highs, that's when shit hits the fan and we see a huge sell off taking everyone out.
I'm not calling the top just yet but we need to prepare ourselves here.
For now, start slowly reducing your long exposure and keep cash on the side for later as bullish bias is still valid !
Elliott Wave tells us that when sentiment reaches such highs, that's when shit hits the fan and we see a huge sell off taking everyone out.
I'm not calling the top just yet but we need to prepare ourselves here.
For now, start slowly reducing your long exposure and keep cash on the side for later as bullish bias is still valid !
Note
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Questions? Chat or Comment on Ideas
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Related publications
Disclaimer
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Don't forget to like, share and follow !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.