oops
Short

GOLD short (next wave)

MOEX:GOLD1!   None
481 2 1
regarding my earlier short highlighted 8 days ago on a daily chart , here is a follow up.

after having topped out following a nice rally after the long-term bull-flag pattern (20/21 Sep), we are now in a retracement mode. a 38% FIBONACCI will target 1725$ that is minimum, potentially leading to further correction .

Anyway, we just completed the second minor bear-flag             and broken to the downside, hence the next wave is on its way, probably leading already to the first objective 38% = 1725$

cheers KP

second and last objective has been reached also in this short term pattern. last shorts covered when market traded 1699$. flat now
Reply
38% FIBO reached, that was minimum target, I'll take partial profits here at 1723
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out