GOLD Possible News Move?
Just got back from the gym - Checking it now ,seeing as we have news in 15 minutes or so
The fact that gold is pushing so aggressively prior to said event - further strengthens the case for sells in my opinion
Why would it go through all this stress to buy before the news and continue to buy? when we know we need to destroy buyers at the low
This bull push could be to continue to induce buyers at this point only to crash gold further down to take out liquidity of all buyers who bought on the trend and at the low
I think the green line is the path for this news event - More sells definitely make more sense to me at this point between now and the news event itself
I wouldn't sell yet by the way - I need confirmation of momentum (bearish) first
What do you think?
Downvote\don't boost if you didn't read this entire post and didn't try to understand
OR
Upvote\boost if you did read this entire post and did try to understand
The fact that gold is pushing so aggressively prior to said event - further strengthens the case for sells in my opinion
Why would it go through all this stress to buy before the news and continue to buy? when we know we need to destroy buyers at the low
This bull push could be to continue to induce buyers at this point only to crash gold further down to take out liquidity of all buyers who bought on the trend and at the low
I think the green line is the path for this news event - More sells definitely make more sense to me at this point between now and the news event itself
I wouldn't sell yet by the way - I need confirmation of momentum (bearish) first
What do you think?
Downvote\don't boost if you didn't read this entire post and didn't try to understand
OR
Upvote\boost if you did read this entire post and did try to understand
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