I made profit short and long. Reached my minimum goal and will go sideline now. Retracement 38-61% was the goal. I am out at 50% Retracement. 61% will be very difficult. Also comes together with strong resistance by ~1977.
Potential options:
A. This entire down move was just a Flat correction and we will go for new highs. Gold did this crazy strong correction last time as well and reached new ATH before huge drop.
B. The Flat (3-3-5) was just the A and we are in a B or 2. After Retracements we go down... Could be
I am watching from the side how things will move and if I see clear signal I will react.... No need to be always invested.
Potential options:
A. This entire down move was just a Flat correction and we will go for new highs. Gold did this crazy strong correction last time as well and reached new ATH before huge drop.
B. The Flat (3-3-5) was just the A and we are in a B or 2. After Retracements we go down... Could be
I am watching from the side how things will move and if I see clear signal I will react.... No need to be always invested.
