qero
Short

Gold, stay away for 3 months

COMEX:GC1!   Gold Futures

No mater how bad the news around you, look at the gold , it's NOT going for new high!

stay away from it until it reach a 0.618 retracement area, about 1510

however, I expect it runs 3 months and end during Apr 2020. price level will be adjusted with the time frame.

Comments

Your technique is all wrong buddy.

My software is calling for 1720 in 2/21 and 1920 in 04/17. AT THE WORST, it would be 1920 on 05/24.

You're saying stay away 3 months? Lets see, my 1720 call only need 5 days.
Reply
MQP MQP
@MQP, Update. I got too excited for the 1720 signal that reversed. That said, 05/24 1900, I stand by it.
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qero MQP
@MQP, This idea is base on daily chart, my very OLD chart base on monthly chart I post a year ago already predict at least 1700 area uptrend from $12xx area
Reply
qero MQP
@MQP, You are right! I'm catching up the bus already, it's a lot more rooms til 1900 area :) cheer!
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