Gold Spot- False break?

are we looking at the gold at the peak?

Dear Breakout Investor/Trader,

Are you feeling frustrated? You see gold breaking out from a rectangle pattern and immediately call your broker to buy 10 gold contracts.

What happens next is the price makes a false breakout and you probably exit to cut your losses small.

Timing the market is incredibly challenging, if not nearly impossible, especially for active traders.

However, as an investor who seeks the next trend and buys based on value (buying cheap), should you stay invested?

Should you add more positions when the price drops (buy the dip)? Or should you exit now when you belive gold is at its peak and then buy back at the bottom?

The reality is, no one can be 100% certain. But for me, at least, I have a map to navigate this so-called “random market.

This is how I will map up the gold market.

Next…