Thursday, November 10, 2016

Gold Not So Precious

 Gold futures market H4 time frame (ticker: GC_F) 

Gold looks pretty ugly post-US elections, it's hard to make any sense now, so it's best to leave the dust to settle, though I personally am looking for opportunities to short. The bullish stance has been neglected now, awaiting bearish chart patterns to emerge to define risk/reward in terms of stop loss and take profit levels. Stand by.

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