XAUUSD Gold - 1970-2020 1W ANALYSIS
Updated
Noticed some patterns gold goes through in bowl breakouts
Lots of people get fomo'd into being a bull at high prices and they get dumped on.
Price falls back below breakout, and longs get the chop, as they shake out and good news comes in.
Leverage makes initial volatility spikes, and then it stabilizes and goes to new ATH's
This is not financial advice.
Lots of people get fomo'd into being a bull at high prices and they get dumped on.
Price falls back below breakout, and longs get the chop, as they shake out and good news comes in.
Leverage makes initial volatility spikes, and then it stabilizes and goes to new ATH's
This is not financial advice.
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I know someone who is stupid enough to short gold right about now.Comment
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