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dRends35
Jun 14, 2021 12:58 AM

GOLD - Collpase. But Money Printing? Short

GOLD (US$/OZ)TVC

Description

This is why the market is cruel to average Joe who is worried about how to keep his hard-earned work safe. But you have to understand market dynamics and regardless on severe inflation of currencies, GOLD looks like it is topping out here and falling into a bear market.

I've been short since 1900. Will add on bounces to the upper median line or to 0.618 retracement. Will sell on touches to the lower median line.

Down to $1500 area minimum.

Not advice.

Comment

Very bearish weak domed top forming with bounces not exceeding 0.786 and sudden collapses - all indicating that a bearish motive wave is underway.

Comment

Comment

GOLD getting crushed.
Comments
NewYork888
PERFECT CALL where are all your haters now with the patience of a gnat ? I dont see them compliment you on your recent BTC SHORT call again perfect or ETH Perfect - Simply show they were here to distrup they know nothing and imo opinion dont warrant even a reply to their childish nonsense one of whom has even had his Twitter account suspended for what he called a bug" in his Twitter account - We checked there is no such "bug" Please go read Twitter Rules for suspension then as yourself why this fellow is still allowed on TV .
metaloph1l
This idea seems more like a YOLO bet than anything. You're bound to get rekt eventually if you really trade like this on a regular basis.
dRends35
@metaloph1l, This is quite a basic trade using EW and phi.
NewYork888
@metaloph1l, The only ones that got rekt on this trade were if you bet against it
metaloph1l
@NewYork888, You're right. My comment had more to do with the lack of explanation given initially. But after reading through his responses here, I saw the merit in his analysis. I didn't trade this anyway, so enjoy your gains. I still have doubts it will reach 1500 though, but I'd actually look forward to it so I can buy more for cheap.
NewYork888
We have all seen one poster on this thread calling the publisher a "scammer" "paid fraud" etc meanwhile this call is aging very well and was 100% correct. Please try to ignore the noise and watch the results.
NewYork888
The timing of this call was PERFECT - Anyone saying otherwise is simply here to disrupt this thread and gaslight. Along with this perfect call the publisher has now turned LONG to catch this mornings bounce - Calls don't get any better than these. #GLD #Gold #SLV
NewYork888
What a GREAT CALL!!! GOLD getting crushed here!
NewYork888
Great call DOWN 3% plus thus far that's a lot for gold to tumble
dRends35
@NewYork888, Thanks.
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