Yesterday night gold went for roller coaster ride. Right after the speech that no further easing from the fed, gold went down $60+. It hit my stop loss and I'm out for the trade in my spot gold. But as usual, I kept my loss at 3% it didn't hit me as bad.
So question now, will gold goes back up. From the chart now, we see a retrace back up of $15+. Will continue to look for new opportunity to get in again. I'm still long on gold. With the fundamental and technical side. Will I be right? We just need to carry on our life and see what going to happen in the next few months.
Thats all for today.
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