tududu
Short

DON'T BUY GOLD

TVC:GOLD   GOLD (US$/OZ)
488 6 5
"Buy gold" they repeated for the past two years.. .did you/your family/friends buy it?

Target: 1180 then 1108-1096, confluence of 100% fibo extension from last down leg, higher time frame fibo (zoom out the chart), target of possible head and shoulders , monthly pivot ...
Comment: Did some small trades, but the idea is still valid for a pos-election scenario. Looking for an entry in the $1320-1370 range.
Don´t buy why ?
Reply
tududu PRO Traznor
Weekly chart still bearish to me calling for deep correction. Eventually if weekly/monthly finishes above $1450 I might change my views, but so far I'm not really eager to buy gold long-term.
+1 Reply
Traznor tududu
thanks so much for your view, help me so much. :)
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Hey Dudu!

Respectfully disagree, but knowing your analysis record i think the odds are against me :)
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agreed

there will be more bull extention in sp dow for at least another year commodities down
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Hey hi thats amazing analyse lets see whats happening in the market
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