Yuriy_Bishko

GOLD - fantastic buy level

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
Look at the fantastic prediction I made on Saturday.
I think we're going to go up to the $1,900 level.


fantastic prognosis:

You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.

Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.

P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Trade active: reversal pattern.

Comments

Hello & thank you for your insight!

However there is a big possibility that it will retest the November lows before going back up in order to complete a higher-degree pullback as highlighted in the chart bellow. What are your thoughts about this?

Kind regards.

+4 Reply
Yuriy_Bishko financialflagship
@financialflagship, Interesting opinion. I will look at the situation.
+1 Reply
vadimgoreloff financialflagship
@financialflagship, also a little bit worry about such a possibility, treasury yields could rise and force gold to go lower for a while
+1 Reply
financialflagship vadimgoreloff
Hello @vadimgoreloff, of course, the negative correlation between Gold and the Treasury Yields is an important aspect to look at. In our opinion, from a technical perspective, the TNX chart looks like it will slightly increase in the next couple of weeks/months.

This is a comparison between the TNX and the Gold chart in the Weekly Timeframe:
+2 Reply
vadimgoreloff financialflagship
@financialflagship, nice chart! Thank you!
+1 Reply
Great analysis! always love it!

+3 Reply
Yuriy_Bishko Global_Fx
@Global_Fx, good work men
+1 Reply
Global_Fx Yuriy_Bishko
@Yuriy_Bishko, always appreciate your analysis :) see you at the TOP
+1 Reply
Yuriy_Bishko Global_Fx
@Global_Fx, see you
+1 Reply
Sydney_Lover Global_Fx
@Global_Fx, I can predict its creating pattern of H&S reversal if so the top will he even higher than we can predict. But we can see it has approached 3X time to cross 1959 and failed. It was hammered with 3x top and made new low. Hope it will come closer to it again before any further predictions.
I wish it will come to 1900+ soon
+1 Reply
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