Gold has been making noticeable corrective & impulsive moves between 1785-1797.
It resisted at 1797 as predicted, and also is what caused the corrective move back down to 1782.
Strong impulsive move was also noticed after 1782 was tested; could expect a bull run (impulsive) towards 1792-1810.
If Gold cannot break 1795, and closes under that price, we could expect another corrective move down
back to 1785-1780, within 2 hours or so.
NOTE: Please do not take this as confirmation as buy/sell signal. This is my general idea and opinion on Gold's momentum.
It resisted at 1797 as predicted, and also is what caused the corrective move back down to 1782.
Strong impulsive move was also noticed after 1782 was tested; could expect a bull run (impulsive) towards 1792-1810.
If Gold cannot break 1795, and closes under that price, we could expect another corrective move down
back to 1785-1780, within 2 hours or so.
NOTE: Please do not take this as confirmation as buy/sell signal. This is my general idea and opinion on Gold's momentum.
Comment:
Gold made a break through from 1830 area.
New Fibo's and zones added. Also sitting on a previous 61.8%
Could mean a huge skyrocket for Gold soon.
New Fibo's and zones added. Also sitting on a previous 61.8%
Could mean a huge skyrocket for Gold soon.
Trade active:
Been some time, but wow.
I have not been trading Gold since then,
So here's an update.
I have not been trading Gold since then,
So here's an update.
New zones were also added.
(I probably wouldn't take trades yet until I
see confirmation of a short downtrend.)