XAUUSD Short to 1592.97| Rest & Retest| 4rd May 2020
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"Everything is about time. Urgency, momentum, steam is very important to all traded instrument. When price late to make its move, just sell. Thank me later next week.." -Zezu Zaza Webinar 1st May 2020
Gold making test and retest. It is losing its momentum. The steam is not there. GONE.
I am finding the steam but could not be found no where. Media also less reporting when something plummet. Why? Because media not encourages you to sell any kind of instrument.
When media did that, it will fall like a waterfall. FAST and QUICK. So they dont report that to you.Only support the rising instrument. It is very good btw.
Gold is in consolidation period. If you ask my opinion, gold is done hanging. Now it is time to sell the gold.
What my strategy is? I will put 0.01 lot on open market and sell it time by time. Adding more and more 0.01 lots. Please dont underestimate 0.01 lot in 5 decimal account. You can get $100 when it went 1000 pips! Yes. That is quite a lot.
For more info of trading gold, do subscribe my package. I will guide and tell you more about it.
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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.