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ACTIVE TRADERS: Morning Gold and Bitcoin Podcast Excerpt via Moor Analytics (beta)

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About Our Partner:
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The rigor and methodology are the point for GoldFix subs. This is top shelf stuff even if you aren’t a subscriber to his work. It’s worth a listen if you are an active technical trader.

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GOLD:

WE LIKE GOLD ABOVE THE TEENS ALWAYS. MICHAEL SAYS DON’T GET BULLISH FOR A LONGER RUN UNLESS WE BREAK 1828. We Hate Gold below the teens always. Michael says it s a dip to buy around 1805, but on a decent break below 1805, it might be a bigger sale.

The smart thing to do in short term trading for us is assume the 1800 strike is more important than both our opinions. and don’t get take home bearish until sub 1785, don’t get bullish until above 1828 take home. We’re long some butterflies around 1800 with no appreciable risk/reward matrix today

TECHNICAL EXCERPTS CONTINUE BELOW THIS LINE


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