Gold: Rain of Fakeouts
Aggiornato
Hello traders!
As I always told you buying on bullish breakouts never works. The winning probability of buying on bullish breakouts is 1 out of 6 but if you sell on bullish breakouts then the winning probability is 5 out of 6 times.
The numbers are the failed breakouts counting.
The Gold has already failed 5 times and this time we might see a mega pump in Gold price. This breakout can push the Gold price to break an all-time High. Again when we see a breakout of the resistance at 2076 then we will see some natural retracement.
Don't forget to hit the like button and follow to stay connected
I hope you will not follow those who just draw a trendline and shows an arrow towards the upside because it's not the correct way and these posts hurt my brain LOL.
As I always told you buying on bullish breakouts never works. The winning probability of buying on bullish breakouts is 1 out of 6 but if you sell on bullish breakouts then the winning probability is 5 out of 6 times.
The numbers are the failed breakouts counting.
The Gold has already failed 5 times and this time we might see a mega pump in Gold price. This breakout can push the Gold price to break an all-time High. Again when we see a breakout of the resistance at 2076 then we will see some natural retracement.
Don't forget to hit the like button and follow to stay connected
I hope you will not follow those who just draw a trendline and shows an arrow towards the upside because it's not the correct way and these posts hurt my brain LOL.
Commento
Buy after a breakdown 
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