Updated: Feb 6
It was a vast Bingo from yesterday's analysis, and I hope all of you made some money from it. The market ranges from 1900 and 1960 area. What is going on next for the first NPFR in 2023? Let's give some ideas now.
Strategy A: sell limit Wait for a retrace at 1924-1927 area to sell, target lower than 1900, stoploss at 1933 with the breakeven setting, because it might have a strong trend reverse back to down in the daily chart. We must catch this big chance from the gold history. If the stoploss hits, do not try to sell again and stop trading. Keep profit from the week and enjoy your wonderful weekend. Ciao
Massive dropped and see you 1900.