My gold profit taking range 1825$-1921$
This is my benchmark for a reasonable profit taking scenario. Monthly defined anything is more powerful than weekly or daily defined anything!
Could spike above 1921$? Sure, but I should resist getting greedy. I’m gonna most likely take some off the table and wait for MA to catch up before adding some more (which could be at a higher price point, but with a lower risk entry).
That’s my tentative plan too Patrick, but we may see many more weeks uptrending, if the cycle guys are right.
Would fit in a all-time high touch in May…