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Zhong Lu

Shorting Gold

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(edited)

I'm staring at this one giant red rejection hammer on the daily.  May as well.

Edited by Zhong Lu
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Don't think that is working out as a short. Looks like a triangle continuation pattern.

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Safe haven run for the hills, IME gold will peak again +/- 1800 even Silver has started a mini rally, I own quite a fair whack in silver and expect it to regain its drastic loss , not sure about $30+ but as far as commodities go by Gold short and high risk, Silver long, just my opinion based on years of trading both commodities.

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On 2/10/2020 at 1:39 AM, 0R0 said:

Don't think that is working out as a short. Looks like a triangle continuation pattern.

Wrong way completely wrong will either maintain or climb, look at the numbers it’s totally high risk short. Gold is not for pussies.

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