retraced 50perc - bear trend likely to continue now
A-shot
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This was spot on, but can you please tell why did you decide that on that day? What was the reasoning?
LEONES
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@2use, Hi, good question. The selling waves repeat at a regular frequency as you can see from the chart. The bull rally has been also quite extended and reached 50% of the bear wave started in July2016. The exact entry is based also on the comparison with other precious metals such as silver and platinum. I use finally a particular indicator I have tested over the years. Let's how the trade develops over the time.