Gold - When bullsih sentiment reaches extremes, price crashes !
Gold reached 1500 and now market participants, media and everyone else is getting more and more bullish.
Elliott Wave tells us that when sentiment reaches such highs, that's when shit hits the fan and we see a huge sell off taking everyone out.
I'm not calling the top just yet but we need to prepare ourselves here.
For now, start slowly reducing your long exposure and keep cash on the side for later as bullish bias is still valid !
Elliott Wave tells us that when sentiment reaches such highs, that's when shit hits the fan and we see a huge sell off taking everyone out.
I'm not calling the top just yet but we need to prepare ourselves here.
For now, start slowly reducing your long exposure and keep cash on the side for later as bullish bias is still valid !
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You c
Comentário:
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