The chart screamed at me, “Get Long on Gold!”
And so I did.
But here’s the thing:
I’ve no idea if its a bottom or retracement. I simply trade what I see, not what I think.
If the chart says long, I long.
If the chart says short, I short.
And that’s it.
So…
In this week’s market analysis, I’ll explain to you the trading setup I took on Gold, and how you can apply it to your trading.
And towards the end…
I share with you the “ugliest” charts you must avoid at all cost (unless you want to “burn” your money away).
Now, watch this week’s market analysis below:
Gold… a bottom or retracement?
I hope you’ve enjoyed this week’s market analysis.
If you’ve got any questions, don’t hesitate to let me know in the comments section below. Cheers!
Do you want to learn a new trading strategy that allows you to profit in bull and bear markets?
In the Ultimate Guide to Trend Following (valued at $48), I will teach you this powerful trading strategy step by step, along with charts and examples.
You can download it here for FREE.
My sincere thanks to you. Your message is clear, concise, short and sharp.
Hi Weng,
Thank you for your kind words, glad to hear that.
Rayner
Thank you dear soul.
Wish to get the pure view on the markets like you.
Shlomi
Hey Shlomi,
You’re welcome.
Hope all is well on your side.
Rayner