UPDATE - After some consolidation, gold went back down even lower to where it started. That makes the Bullish Gartley scenario is no longer valid (see previous post). I personally would stay out of market in this kind of situation, at least until the price breaks 50% Fibonacci on time frame 1H for Day Trade, and time frame 4H for medium term..... or wait until the next day and see where the price might be when the market opens.
No comments:
Post a Comment