GOLD THE S&P

٨ نوفمبر ٢٠٢٤

11.8.24 I that some of these markets are overbought and that there should be some corrections lower. up the gold market corrected about $10,000 and then it reversed about $7000.... but it looks like it might go lower to the lower range box which I explained in the video . I thought I needed to put in realistic stops because you need to know what they are. if I tell you gold is a great trade because I think $2000 stop is a small stop... you and I may not agree on what a small stop is. but if I can risk $2000 to make $9000 that is a risk of willing to take. you still have to know what a stop looks like not just the range and you do that through looking at the chart a daily or a four-hour chart. in addition, there are subtle changes in the market that can give you a clue that you can stay in longer or that you should get out sooner and so you look for these behaviors.