Gold is very unforgiving in Corona days , but one every 4 days there is a trade to good to give up . Yesterday’s sell form 1732 until 1713 was amazing . Add the pic . I shorted 6 lot and closed with 9k profit
Where was your stop loss?
1740, I always sell on the way down with a good volume.
Focusing on the price action and keeping in mind that commodities can move more than currencies. That’s the whole mantra…isn’t it?
Will the gold price rise high next week? I was checking for a bull signal. What’s your take?
Overall world economic view is not very good yet even if some countries are showing improved figures like USA labor market resurrection on 4th June, 2020. So, try to buy when price is low.