2 POSSIBLE SCENARIOS FOR GOLD.
not favoring any of the scenarios. my bottom is $1250 or $1243.
not favoring any of the scenarios. my bottom is $1250 or $1243.
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1243 will be a key support, a break below will see $1235-1320.
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bottom can be as low as $1230
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DO NOT BUY! this has broke the bottom of the channel. im expecting atleast $1230 by end of friday session
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typo key support is $1243-1230. sorry
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THIS CHANNEL IS STILL VALID! i long until 1268-1275
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trading scenario #2
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out of my long
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i will be waiting until 1205 or near to long again. currently got 0.4 lot shorts
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$1205 is 38% retracement from dec bottom to may top.