Gold January 8, 2024
Price frame 2018/2025/2035-2052/2062 Monthly chart uptrend
Weekly chart uptrend
Daily chart uptrend but correcting
Play the round: Close and take profit. Wait for a new round to finish adjusting the base first.
Play short: shorten long stop loss 2018 or bounce short stop loss 2062
note
Play round: Trend speculation
Short Play: Daily speculation or no more than 1-3 days.
Price frame 2018/2025/2035-2052/2062 Monthly chart uptrend
Weekly chart uptrend
Daily chart uptrend but correcting
Play the round: Close and take profit. Wait for a new round to finish adjusting the base first.
Play short: shorten long stop loss 2018 or bounce short stop loss 2062
note
Play round: Trend speculation
Short Play: Daily speculation or no more than 1-3 days.