Friday, August 14, 2020

Gold - Temporary Pull Back

GLD ETF got a temporary price pull back.  Normally a steep uptrend will attract more sellers taking profits. As it fall in line of the uptrend support, the uptrend likely to continue.



Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

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