Hayekian_Fibonacci
Short

Short Term & Medium Term Gold Chart

TVC:GOLD   CFDs on Gold (US$ / OZ)
Over the next few days I'm expecting Gold to hit & bounce off 1280. After that, anticipating Gold to continue declining (likely with some pauses & upward corrections) towards 1220.
Apr 19
Comment: The highest GOLD can get before it turns bullish is 1298. While I don't think its likely Gold get back up there anytime soon, its still in the realm of possibility. Retest of 1285 is more likely than 1298.

I'm going to stick to my original thesis. I think GOLD opens up Monday with more selling.
Apr 19
Comment: To give more context. I sold half of my position in JDST on Thursday and I added a little bit of JNUG to hedge my half position in JDST. Depending on what GOLD looks like on Monday, I'll either be adding more JDST or JNUG.

Gold could very well have a short-term rally to 1285-1308
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out