Hello. Presently, gold is stuck in a little range, and I am waiting to see if we have some more upside before going down. Looking at the daily, gold should drop, but the bulls can easily push up to make a higher monthly high before coming down. Tomorrow and Friday should be interesting. I scalped a few good short trades and lost a few trying to predict the next move. I am waiting for price action to see what is the next trade with a good risk / reward. When gold changes direction, it should be juicy. Very thankful to Big G, my mentor. Always trade the trend. I will post during London or pre NY and thank you for reading my analysis. Overall, I am waiting to go short. Be well.
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.