Price being at 40K zone with the support line. if the price breaks the support it will reach 30K easily. I will short the market when the price break the support and tp at 30K and want the price to hold the support and then will do buy the fucking deep. to the all time high...
gold started a bullish pattern since july and today it broke up and again she made small bullish pattern right on the breakout of this small pattern it is beautiful chance to SWING LONG with a great Risk to Reward ratio.
$1770 Zone is holding the price pretty well. I see 2 doji candles here with long shadows below it. I'm following my plan that I published a month ago which that I will open position trade when the price tests the support zone. I wish it to go to the moooooooooon......... :)))
IN THIS CHART YOU CAN CLEARLY SEE THE CONSOLIDATION. ON MY PREVIOUS POSTS I ALREADY COUNTED THE WAVES OF CONSOLIDATION SO NOW I THINK ITS TIME TO BREAKOUT. THERE ARE 2 WAYS TO PERFORM THE BREAKOUT. I WILL OPEN LONG POSITION WHEN THE PRICE RETEST THE 1775 ZONE OR IMMEDIATELY OPEN THE LONG POSITION AT THE BREAKOUT OF BEAR FLAG.
$1765 PRICE FROM 12/10/01 HAS EJECTED THE CONSOLIDATION FROM $2000. AND AS YOU CAN SEE THE SUPPORT PRICE WAS ALSO FIBO 38.2 LEVEL. YOU MUST KNOW THE RULE OF RETRACEMENT. LETS GO TO DAILY CHART ON MY NET POST....
MY LAST POST HAS FAILED. BECAUSE OF LOCKDOWNN OF CALIFORNIA STATE. THIS LOCK DOWN MAKING THE STIMULUS TO BE POSSIBLE. LET THE PRICE RETEST THIS SUPPORT. YOU CAN DRAW THE TRENDLINE ON 1H CHART.
AS I MENTIONED GOLD HAS STRUCTURED THE (E) WAVE. NOW I THINK GOLD CAN MAY DO THE RANGE MOVEMENTS IN THIS ZONE OR IT WILL COLLAPSE RIGHT IN THIS COMING WEEK BECAUSE THIS RESISTANCE ZONE IS VERY STRONG ZONE SINCE SEPTEMBER. IF YA'LL SEE THE DXY , IT IS GETTING STRONGER FROM ITS SUPPORT ZONE. SO LETS SEE THE MOVE IN THIS COMING WEEK. GOOD LUCK WHO EVER SEE MY POST :)
AS I MENTIONED FEW DAYS AGO GOLD HAS FINISHED IT'S "D" WAVE. NOW I WANT "E" WAVE TO RETEST THE SUPPORT ZONE WAS HOLDING BEFORE (1850 ZONE). LETS SEE GUYS LET THE GOLD TEST THE THE 1850 ZONE (RESISTANCE)
CONSOLIDATING ON THIS DAILY CHART...
FROM THE SENTIMENTAL ANALYSIS THE VACCINES ARE COMING SOON >>> PFIZER 95%, MODERNA VACCINE 94.5% EFFECTIVE THIS MEANS WE DONT HAVE TO HOLD THE GOLD FOR THIS YEAR. AND ALSO US GOVERNMENTS DISCUSSING ABOUT THE STIMULUS BILL IS USEFULL NOW CAUSED BY THE POSITIVE VACCINE NEWS. SO I THINK GOLD IS PERFORMING "D" WAVE IN THE DAILY...
AFTER A STRONG UPWARD IMPULSE IN MARCH 2020, THE MARKET FORCED US TO WATCH THE CORRECTION UNTIL NOVEMBER. SOON, THE MARKET WILL HAVE TO MAKE A CHOICE TO WHETHER TO FALL FURTHER OR MAKE ANOTHER POWERFUL PUSH UPWARDS...
PItchfork has broken out and successfully retested and bearish moment has started. But there are several supports are waiting through so must manage your trades at the times.
