WallStScalper

Gold ... let's wait and see!!

COMEX:GC1!   Gold Futures
374 6 3
Gold             having a shs             that - if activated - having a target of 1140,40. Strange to see that gold             is hardly reacting all though market is very bullish today.
Have to wait and let it show us the direction.

As always... time will show.

Safe trading gents!
BM

Music at work! https://www.youtube.com/watch?v=ntG50eXbBtc
Thar she blows....
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Gold back testing neckline:
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Made the chart on gold yesterday - so this is just an update showing the shs being activated by today's price action. Neckline seems to be in the right spot.
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I agree with this, my target is a little higher and was found via a different methodology. Note the trend line from the head to the top of the right shoulder to the doji on 10/8.
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Glad we agree. :) Finding the future target using fib...gives the same result. Do you have a chart to show your methodology? Would be nice to know how it all correspond.
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afman WallStScalper
Black levels are monthly candle levels, pink are weekly candles. The red arrow was my entry:
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