Quote from themickey:
Respectfully surf, why the necessity to predict. The fact you do so indicates clearly to all (smart traders) you can't trade.
Like a beach ball in the wind, the ball will go which ever direction the wind blows strong enough.
Same with gold or anything, it will go the way it will go.
Mate, until you click - penny drops on this, you're clueless, again, said with respect, but wake TFU !
T/A used correctly is not a prediction tool, T/A is a probability tool.
We place out trades taking the risk that reward will be higher than the risk.
So the point I'm trying to make is traders are gamblers as we don't know the outcome, but gambling without the negative stigma that gambling is wrong or evil or stupid.