Gold: Be patient to wait a bounce
Updated
I said we are going to 1180 or even lower two weeks ago, where gold is still at 1225.
And now gold just touched 1161, if you started to short Gold at 1275, now you are a big winner!
Back to the topic, i still think Gold has potential to move down a little bit. The USDOLLAR will stay strong before FED raised the rate. But i don't recommend to add any short position at here. We need to be patient and there should be a strong bounce coming soon. Get ready to long and trade with care!
And now gold just touched 1161, if you started to short Gold at 1275, now you are a big winner!
Back to the topic, i still think Gold has potential to move down a little bit. The USDOLLAR will stay strong before FED raised the rate. But i don't recommend to add any short position at here. We need to be patient and there should be a strong bounce coming soon. Get ready to long and trade with care!
Note
Put some attention on Italian constitutional referendum tonightNote
Gold Touched 1156 this morning.I told you we have potential to go down.
Be patient! Good day is coming soon!
Note
1155.98 new low! Please be patient!Note
Touched 1151.98, once again, be patient!Note
I called many times be patient! Now new low 1148!Note
The candles' movement is 100% same as my expectation so far. Once again, Be Patient! The good day is coming soon.Trade closed: target reached
We are walking on the right track, Yes, just watch and wait. i will close this idea and start a new one.
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