Gold momentum to be decided
Dear traders,
For todays trade I expect price to move upwards before finding resistance and continue it's trajectory downwards. What experience and training have learned me is that ALL time highs and over-hyping are two killers in trading. Not understand economics and persuading yourself that you are right are just behind. (my view on what is happening on gold, which for me was expected and totally normal, looking at TA&PA and fundamentals)
I'm positioned however to take both sides of the trades is doesn't matter which way, however what I see right now is a probability higher to the upside (range, imbalances, and stop orders)
Best regards,
Kevin
For todays trade I expect price to move upwards before finding resistance and continue it's trajectory downwards. What experience and training have learned me is that ALL time highs and over-hyping are two killers in trading. Not understand economics and persuading yourself that you are right are just behind. (my view on what is happening on gold, which for me was expected and totally normal, looking at TA&PA and fundamentals)
I'm positioned however to take both sides of the trades is doesn't matter which way, however what I see right now is a probability higher to the upside (range, imbalances, and stop orders)
Best regards,
Kevin
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