Constantine_the_emperor
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Joined Mar 2, 2020
beyondta
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If you're going to get in a sell and hold with some draw down it would be right now. Thursdays (tomorrow) have a tendency to sell off on gold if you look at previous months. I would hold into next week as we should see the decline to at least 1750 anything after that would be additional profit.
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This is my first idea but I thought I could help people out by trading gold. Institutional/retail mix is the best way to trade gold as it plays both sides of the market. We should see a retracement to around 1740 area maybe even lower until it closes the imbalances and we have heavy liquidity around 1830 area above those triple highs so those should be next to clear.
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