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p4belko
Nov 22, 2022 9:25 PM

THIS IS GOING TO HAPPEN TO GOLD Long

GOLD (US$/OZ)TVC

Description

RLY
I don't exacly why but I know this is going to happend.
Lasting catbounce crashing and then pivoting. why not?
Yep. Inflation
RemindMe! 2 years

#gold
#s&p500

Comment

I don't trust your fancy graphs. Sprinkles won't make your sh** yummy.

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Please comment your questions or visualization of the future.

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GET READY FOR STAGE 2

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it looks like bad cpi numbers and .5 interest rate hike

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***the line is not precise. it only approximately describes main wave formation.
**i need to add this because i drew it wrong

with SILVER at todays -3,141592.. % BUT meanwhile rebound-to-flat™ GOLD is still steady (rushing or dragging?) WHILE DXY also rebound to flat THERE is a sign that those structures may retest some MA'

overall the most important thing in this setup is to be able to invest
learn how to ride this high volatility market (positioning, timing, strategy)

Comment

the decline has occurred.
bend your knee in front of the king.

and wait patiently till someone will stab him in the back

DXY

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Can anybody tell me why is gold in ATH territory recently? Is it under pressure?

The answer should guide you trough next move.
Comments
giuseppe2317
which is the stage 2 ? btw ... everybody expect gold to soar now ... nut I think FED and bad CPI will send it below 1800 soon
p4belko
@giuseppe2317, decline to 1800-1680
giuseppe2317
@p4belko, where did you get info about bad CPI ? i heard rumors .. some magazine
p4belko
@giuseppe2317 my humble guess
giuseppe2317
@p4belko, mine too
amirha333
wrong
p4belko
@amirha333 why do you think so ? The price is not correct, but the move is pretty right (yet). I expect futher decline.
q8kuw012
🌹
pc9geek
Looking pretty good so far!
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade
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