As you guys saw from my previous analysis, I was short on Gold from 1791 & I am still holding onto those sells within the Gold Fund for my investors.
While on the 1 Hour TF, it might look like Gold is constantly rising, if you go onto a higher TF like 4HR/Daily, you'll see Gold momentum is slowing down & buyers are very sluggish. We have seen a 5 wave, bullish completion on Gold & I am still expecting a retracement from this area to the downside. I am already holding buys, so my sells going into a bit of drawdown won't effect me as I am hedged in both directions. Perfect risk management for my Gold Fund investors as we lose nothing📈
Drop a like if you agree with this analysis and follow for more Gold updates✅
While on the 1 Hour TF, it might look like Gold is constantly rising, if you go onto a higher TF like 4HR/Daily, you'll see Gold momentum is slowing down & buyers are very sluggish. We have seen a 5 wave, bullish completion on Gold & I am still expecting a retracement from this area to the downside. I am already holding buys, so my sells going into a bit of drawdown won't effect me as I am hedged in both directions. Perfect risk management for my Gold Fund investors as we lose nothing📈
Drop a like if you agree with this analysis and follow for more Gold updates✅
TELEGRAM - @XTBCAPITAL
t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
TELEGRAM - @XTBCAPITAL
t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
t.me/XTBCAPITAL
goldvaultacademy.net
Instagram: @GoldVault_Academy
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.