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NeverNO

This week shows the way!

CFDs on Gold (US$ / OZ) (TVC:GOLD)  
NeverNO Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis
17
5
trendanalysis
I think we could finish wave 4 (or b) this week, so pay attention to prices between $ 1282 and 1280.
If this support stays, then we could see further rising courses.
Comment:
According to the Update from Mar 4 GOLD touched 1280.5 and now are the blue circles the next Targets.
Condition: no break and close under 1280 on a weekly basis.
snapshot
Comment:
At this moment I thank the person who gave me that one like for my work.
But more likes would - of course - be much more enjoyable ;-)
Comment:
As long as on Time Frame H4 the SMA 4 stays above SMA 14 I would not short gold.
Blue circles should gold still reach even if it drops a bit again.
snapshot
Comment:
First Target reached!
snapshot
Comment:
Next Week could be short 1324,41
snapshot
Comment:
Gold will be ready for short in the same time when USDJY is ready for long.
For orientation here's the USDJPY Chart - posted on March 8th.
Focus on 110.50
Comment:
March 7
snapshot
and now
snapshot
Comment:
I go short at 1326
Comment:
At 1326 it would be the second short.
One Position short was already activated at 1324.
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