Hallo People of Tradingview, Gold reacted to the 1212 level with a move that took it to 1230 before finding support above 1220. The sentiment short term might have shifted but at 1230 it was stopped by strong resistence. I would be watching how the pullback develops but please remember that Bears are still well in control and they tend to push down when sentiment seems to have changed.
I wanted to thank all the three people that liked my previous post but also the people that took the time to just view it.
In conclusion: calculate your moves before taking any action and let the market make the first move if you don't know what move to make.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
I wanted to thank all the three people that liked my previous post but also the people that took the time to just view it.
In conclusion: calculate your moves before taking any action and let the market make the first move if you don't know what move to make.
Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
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I post this analysis too which is a possibility:
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Ops I forgot...the above is a post from Investing Scope which I came across while reading around. Ciao
