Can the HOUSE CAPITALIZE SHORT from WEEKLY Resistance $2,550.0?COMEX:GC1!
“Failure was a key element to my life’s journey.” -Paul Tudor Jones
Family as we get ready to Kickstart this new month / new trading week, I hope everyone is well prepared for battle! Nothing is expected to come easy! We work with skill and efficiency to come out on TOP!!! Remember we are in the business of Management!! Mastery of our SYSTEM is our #1 AIM. Here in this video I went into gr8 detail as to why I believe we can catch SHORT from WEEKLY Resistance Level ($2,550.0) here on Gold. This Level lines up perfectly with a 1Hr Indecision candle right before Major Sell Volume entered the Market and took price lower breaking and closing underneath Red Line Consolidation EQ Level ($2,538.5)
*** Now If and when we can get the TAG of price ($2,550.0) Weekly Resistance Level, my target for EXIT will be Minor S&R Level ($2520.0) roughly 300pts in our favor SHORT. This trade can give us easily a solid +2.5-3R Portfolio Gain depending on your STOP and risk appetite!
1) I'll keep close update as PA develops and we have more data to work with.
Remember when it comes to FRM (Financial Risk Management) our job is to MANAGE the downside costs of printing HIGH SIDE returns of $$$ consistently. Let's Keep Steppn!!
Stay Focused & Reach Excellence!!
#BHM500K #NewERA #Champions
