Gold to fall asleep during the hot summer
First, I don't trade gold. I'm just a minor trader whose positions are mostly based on FA. Gold is the game of major funds and big big hands, who sometimes ignore all the fundamental aspects and news, pushing their own moves to burn small accounts.But there are several things to say about TA.My analysis is based on the swing A (Oct 2008 ~ 681.4) to B (Sep 2011 ~ 1920.8). This swing was supported by a rising trendline (green). It was then breached at the end of Apr 2012 (~1660) to the low around…See More
