Dear Traders,
Looking through Gold as it gets stuck in a trend, it eventually breaks out of course. Takes roughly Two to Three tests till you see what direction we moving in. Through creating my highest highs and lowest lows finding in my diagram if it tests the low it breaks low and vise versa for highs, we looking for a small time frame drop.
Visit Friday for my update.
Remember - just my opinion, trade safe.
Looking through Gold as it gets stuck in a trend, it eventually breaks out of course. Takes roughly Two to Three tests till you see what direction we moving in. Through creating my highest highs and lowest lows finding in my diagram if it tests the low it breaks low and vise versa for highs, we looking for a small time frame drop.
Visit Friday for my update.
Remember - just my opinion, trade safe.
Small drop did come up, although not the time frame i had in mind. events that may of affected, was TRump contracted corona, stimulus being talked about and debates. all which caused a faster reaction and more drop than expected. Other than that, everything on schedule. Watching the economy news is a key player right now is what i have learnt.
Visit Soon to see an updated Idea following through on this one, no changes will be made.
Remember - just my opinion, trade safe.