Buy $ | Sell $ | Sell Short $ | Buy Back $ | Stop Loss $ | Profit / Losses | Duration |
|
| 170.00 |
| 179.00 |
|
|
Reason for Buy / Sell / Sell Short / Buy Back:
- Intraday chart start to show weakness.
- 2 high volume sell shows up in the daily chart.
- MACD is in high overbought territory.
- Intraday MACD shows that it started to sink.
Lesson Learnt:
- My entry point is again not good. I should have been more patient and see how things react at the 20MA lines. This is a strong yellow metal, price will always try to go up.
- Be careful, if market turn sour, this yellow metal will rally again. Stay alert with the movement of UUP also.
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