10:20 PM PDST GOLD HAS MANAGED TO STAY WITHIN THE SMALL WHITE UPTREND CHANNEL IN EVENING TRADING, THE LARGER TREND CHANNELS ARE THE MOST DOMINANT

THE LARGER TREND CHANNELS ARE THE DOMINANT. THOSE WITHIN THE DOMINANT CHANNEL ARE TRADEABLE. THE LARGER TREND CHANNELS CAN BE USED TO HOLD A POSTION BOUGHT AT LOWER LEVELS FOR A LONGER TIME, BUT YOU SACRIFICE ALL THE UP AND DOWN MOVES WITHIN THE CHANNEL.

THE CLOSER GOLD GETS TO THE LOWER LINE OF A TREND CHANNEL, THE MORE OVER SOLD IT BECOMES, OPPOSITE OF THAT IS WHEN GOLD GETS CLOSER TO THE TOP LINE OF A TREND CHANNEL AND BECOMES MORE OVER BOUGHT.

UP TREND CHANNELS ARE NOTHING MORE THAN LARGE UP FLAGS AND RESOLVE DOWN.
DOWN TREND CHANNELS ARE THE OPPOSITE AND RESOLVE UP.
USE THE TREND CHANNELS TO KEEP YOU IN THE BALL PARK OF GOLD TRADING.

USE THE FIBONACCI RETRACEMENT POINTS TO TELL YOU WHERE GOLD WILL TURN BACK DOWN OR UP DEPENDING ON THE DIRECTION IT IS HEADING WHEN IT HITS THE 75% RETRACEMENT POINTS. IF YOU JUST SELL AND BUY THE 75% RETRACEMENT POINTS AND TAKE YOUR PROFITS WHILE YOU HAVE THEM, YOU WILL WIN.

YOU JUST HAVE TO BE VERY FAST...AND NOT GREEDY!

THE SECONDS YOU BURN UP WONDERING IF YOU CAN MAKE A LITTLE MORE OUT OF THE TRADE WILL QUICKLY TURN INTO YOU LOSING MORE OF THE PROFIT YOU ALREADY HAD.

 EVEN IF IT GOES ON TO MAKE MORE, BE HAPPY WITH WHAT YOU HAVE AND ESPECIALLY HAPPY THAT YOU DIDN'T LOSE MONEY!

BE HAPPY THAT YOU MADE ANYTHING!

AFTER ALL, YOU DON'T DESERVE ANYTHING BUT WHAT YOU ARE SMART ENOUGH TO HONESTLY EARN USING YOUR OWN SMARTS!