Gold overall bearish but expected one more leg up
Gold has been trending upward and is now expected to retrace to form a higher low.
Short-term strategy: Focus on selling as the price pulls back.
Long-term strategy: Plan to buy at the higher low once established.
Sell highs and buy lows.
Alternatively, wait for a breakout to confirm the next move.
Manage risk by selling at, Keep the strategy simple and focused on these key levels.
Short-term strategy: Focus on selling as the price pulls back.
Long-term strategy: Plan to buy at the higher low once established.
Sell highs and buy lows.
Alternatively, wait for a breakout to confirm the next move.
Manage risk by selling at, Keep the strategy simple and focused on these key levels.
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