- Made a complete mess in managing my long Gold trade recently. Lacked conviction. Cut out long XAU/EUR @ 807 and did not have the good sense to jump back in when we closed back above 812. Now @ 831.
- Try again. Fresh long regular XAU/USD @ 1136.40. Hopefully will manage it better this time although given that I think EUR will turn down sooner or later, I must be mentally prepared to absorb much pain on the new Gold position.
- Monthly : Uptrend was never in doubt.
- Weekly : 2 weeks late in taking this buy signal.
- Daily : > 1131 = new series of higher highs and higher lows = new uptrend.
- Add long > 1162.

No comments:
Post a Comment