GOLD - Not moving much (HEAVY CONSOLIDATION)
Gold at this time isn't doing much as I would have discussed in the video idea itself, it is heavily consolidated at this time. We know that after every big move the next thing the market is likely to do is consolidate because everything needs to take a break sometimes.
Gold taking a rest -
That being said it would be wise (in my opinion) rather than trying to actively trade something that isn't moving - if gold is taking a break, I don't know but maybe we should as well? What do you think?
I have alerts set waiting to see what direction it breaks out to - that will be the catalyst for what is likely to come next - If it breaks out up, possible sells (temporary of course) and if it breaks out down - we have our buys highly possible.
I really hate trading in markets that aren't clear on what they are doing generally - I always like to say, if the market doesn't know what it's doing...how the fuck can you?
That being said - have a great day guys
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Gold taking a rest -
That being said it would be wise (in my opinion) rather than trying to actively trade something that isn't moving - if gold is taking a break, I don't know but maybe we should as well? What do you think?
I have alerts set waiting to see what direction it breaks out to - that will be the catalyst for what is likely to come next - If it breaks out up, possible sells (temporary of course) and if it breaks out down - we have our buys highly possible.
I really hate trading in markets that aren't clear on what they are doing generally - I always like to say, if the market doesn't know what it's doing...how the fuck can you?
That being said - have a great day guys
Downvote\don't boost if you haven't read\listened to this entire post and don't understand
OR
Upvote\boost if you have read\listened to this entire post and do understand
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