Hello traders :)
I mentioned in my previous gold analysis that there might be a mixed outlook. But we were already ready for this :) Now I can say that we are approaching the end of this confusion. There will (most likely) be a long and narrow way to down side.
Although I show that the price will rise a little on this chart, remember that the main direction is down. A good trader will patiently wait and sell at a higher point. However, if you are a risk taker, you can try a small position.
If you like my graphics don't forget to follow and like it :) That will get me stronger and happier :)
Good luck.
I mentioned in my previous gold analysis that there might be a mixed outlook. But we were already ready for this :) Now I can say that we are approaching the end of this confusion. There will (most likely) be a long and narrow way to down side.
Although I show that the price will rise a little on this chart, remember that the main direction is down. A good trader will patiently wait and sell at a higher point. However, if you are a risk taker, you can try a small position.
If you like my graphics don't forget to follow and like it :) That will get me stronger and happier :)
Good luck.
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