Hello. Earlier I posted my winning trade from the sell 1932.75 all the way down. I am now thinking that the support at 1927.70 area may hold and give gold a chance to break out of and above the 1930 zone to retest 1938 or so. This is just an idea. I will be monitoring to see if 1927.70 hold. I am a scalper, so the ideas I post are not trades I hold all day. I scalp in and out during volume . If I hold trades I end up in drawdown most of the time waiting to claw back up to breakeven.... Hate that :) All thanks goes to Big G my mentor. I am overall bearish today but I may scalp on the way up. Safe trading to all . Really waiting to break 1950 is the smartest bet. That way gold leaves the zone and starts to test the 2k level. Biden is sinking the US, the US economy and prints money that our great grandchildren will be paying for. Gold is a safe haven and will skyrocket by summer when things really get bad here in the US. Sorry for the political tangent. Thank you Joe Biden for being a sucky president who will allow me to make money on gold as the us dollar is soon to be a thing of the past.
Pip Whisperer
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Pip Whisperer
Disclaimer
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.