1st lemme remind myself that..
Price of gold is within.. what I call parabolic curve.
AND it is still an up trend.
So why did it selloff?
I would say.. When there're money made .. say buyers of 2800, it's good to cashout some.
Tomorrow is a good day to find out.
I have only 1 scenario for a lookout.
Mark today HIGH.
If the tomorrow price tends to test today's high.. (IF...)
(=)
I will continue on the buyside.
We'll test 3K soon
ELSE do nothing.. watch if it breaklow
If breaklow coincide with parabolic curve= breakdown 2868
(=)
I will continue on sell side.. got it?
It's all tomorrow.. not today.
Not sure.. it's ok
I'm not a guru
Manage well & all the best