Update on XAU long position
Currently there are no signs of a reversal in the rally. market is making higher high / high lows. we are now at a major resistance zone which will tell where the market is heading in the short term (next 2-4 weeks).
Those holding long since the previous swings should continue holding, if this resistance level breaks, it will be a relatively large rally. any break to the downside should alert you for a swap.
Anyone following from the apr 15 post should have the stop moved to BE, or in a profit zone, this trade is a non-loser. congrats if you made it this far
Those holding long since the previous swings should continue holding, if this resistance level breaks, it will be a relatively large rally. any break to the downside should alert you for a swap.
Anyone following from the apr 15 post should have the stop moved to BE, or in a profit zone, this trade is a non-loser. congrats if you made it this far
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