macd & rsi wrote: ↑

Mon Jan 10, 2022 11:35 pm

#GOLD #XAU/USD ::

We will probably have these prices for gold in the coming months ,, waiting for my system trading sell's alarm

STOP @ 1820

I still believe in the fall in the price of gold.

macd & rsi wrote: ↑

Thu Feb 03, 2022 7:21 pm

I still believe in the fall in the price of gold.

But it never is about belief, is it?
On the monthly you can see what's going on.
So, at the moment, the rational thing to do is: wait until the outer boundaries are touched and then enter (on a much lower TF), after there was (strong) rejection.
(As for the rest: first you need a clear TL-break, i. e. price close outside the TLs on the Monthly)
[end of January was the last touch of the lower TL - "therefore"(?) price has been moving up since]