I made profit short and long. Reached my minimum goal and will go sideline now. Retracement 38-61% was the goal. I am out at 50% Retracement. 61% will be very difficult. Also comes together with strong resistance by ~1977.
Potential options: A. This entire down move was just a Flat correction and we will go for new highs. Gold did this crazy strong correction last time as well and reached new ATH before huge drop. B. The Flat (3-3-5) was just the A and we are in a B or 2. After Retracements we go down... Could be
I am watching from the side how things will move and if I see clear signal I will react.... No need to be always invested.
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.