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Thursday, October 07, 2021

long term

long term

Gold OANDA:XAUUSD

Dear Traders
This idea I shared is my scenario for this pair on long term, have in mind that the price of this precious metal is controlled by the banks, now obviously we have huge inflation all around the word the investors more likely will invest in the crypto market because the forex and the commodities are not moving that much like the crypto market, I expect some global crisis in the near future, as you can see in the idea shared the liquidity level is where the banks will invest and push the price up, in my opinion what we are witnessing now is just a complex correction on a bigger time frame, I believe most of you have made good income from this pair trading scalping daily. Right now market is very risky and if you position yourself on the loosing side make sure to apply proper risk management and always use stop loss.

WARNING
THIS IS NOT FINANCIAL ADVICE, ITS JUST A POINT OF VIEW AND HOW IN THE FUTURE MARKET CAN PLAY OUT. MARKET IS LIVE AND VIOLENT ALWAYS THINGS CAN GO COMPLETELY OPPOSITE, NEED TO BE REACTIVE NOT PREDICTIVE

If you like my idea please support it with like I will really appreciate.



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