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CompoundingGain
Jul 14, 2022 7:15 PM

$GOLD- reversal trade? 

GOLD (US$/OZ)TVC

Description

update to earlier Gold graph , think its safe to say that the local bottom is near .

looking for a deviation below $1676 we've got the 200 just below that so worse case scenario dip below the 200 to take out stops .


trigger is a reclaim of $1676 IF given with a defined risk under the 200 MA to be moved up as we progress.


my assumption is that dixie is going to start reversing.

so to sum up last flush to hunt stops, deviate and reclaim then up up and away ..

$20500 btc price -
$1709 Gold ---
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