Of Gold Extensions مقياس إمتدادات الذهب
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
Regards
PAul
I have recently signed up for the premium signals service, and was wondering whether it would be safe to take a trade in the Dow30, following the 4th September signal.
Price is pulling back close to the entry zone around 28260 - 28290, but I am warey, as price came within 120 pips of the first target, before retacing.
In short, should the current trade be considered as a failed trade, or would people think that it will eventually hit its targets?
Also, the 1st September EURUSD short signal is in a similar situation.
Thanks
Paul