Gold - Is it Getting Ready for Next Leg?
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getting very tight.
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@Brijesh Bhatia is it not over streched ?
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@Prashant Vaikunthe If it's overstretched, it won't result in a breakout. If there is a breakout, it means demand exists.
You can't guarantee a breakout will work, so there is a stop-loss. If it's affordable and fits your risk parameters, take a risk; otherwise, wait for a follow-up with an affordable risk.
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@Brijesh Bhatia Thanks