TheMoMillions

TheMoMillions

I really think people are overthinking xauusd. Golds supply is low and it is a safe-haven. It was just overdue for a correction…I think these buys are still in play if 2880 holds up. If not then the correction is only going deeper and the buys will come back into play. I thing small long positions as we wait for market to push back up is the best biased opinion....

TheMoMillions

Lots of sell pressure. Lower highs lower lows. Previous break and retest. Great area to short

TheMoMillions

This zone here is very dangerous. The huge trump pump has had a small dump down to 41 and has crept back up to 48. My chart shows a wedge forming so probably some sideways movement coming our way before another big move. I expect that in the current state of US economy for gold to atleast hold or push higher. Nevertheless, don’t be bias! Trade what you see not...