Comments on the chart. Long term I believe gold is going towards 1200 I think the downmove will start from much higher
Yorum:
Idea has failed spectacularly. Back to the drawing board. Renewed strength in the US$ and the strong stock market is, in my opinion, responsible for this failure. Now my long term plan for gold was a travel to the 1200 area. This move might be in play not but according to my trading plan I cannot rush and reverse positions. Will leave it for now and come back with a new idea for monday