2020 Gold Trend Update
The beginning of the New Year is a good time to check the history of our favorite markets.
One of the regulars is GOLD and, as the chart above shows, we're presently in an up-trending price move.
This gives us a basis from which to select a Long Side bias to our trading positions; at least on a longer-term time horizon.
We'll be looking at a few other markets over the next few posts so that we can keep ourselves on-target as to what's really going on in each particular market.
Knowing that we're in accordance with the natural trend of a market's price moves will relieve us of some stress and reduce risk exposure based on short-term illusions of headlines or price spikes & drops. - George