DemetrisDemetriou

DemetrisDemetriou Updated 

2 previous descending triangles with projection for gold down to 1206 and 1194 areas. Early bearish flag pattern #1 on the chart suggesting downtrend to 1208. Wait for the break out of the flag pattern and short the breakout of the flag pattern.

DemetrisDemetriou Updated 

Perfect bullish Cypher pattern. It looks like it went out of the Cypher for 1hour and so on but i believe that it will retrace back and become bullish probably on Monday. Just wait for the first hour candle to finish on Monday and take long position specially if the first candle becomes green or any candle signs for uptrend.

DemetrisDemetriou Updated 

Down to 1219 after breaking D leg of the pattern. The 1234 support line didnt hold. Long way down now.

DemetrisDemetriou Updated 

Bearish cypher. Price should go up to 1261 and then bears will take the price down IMO. Probably down to at least 50% Fib retracement sometime by the end of March.