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Black_Draco74
Sep 21, 2019 6:13 AM

Gold..Nothing broken post FOMC Long

GOLD / U.S. DOLLARICE

Description

Gold held above 1484 and had continued climbing higher on a wall of worry. Nothing broken for now.

Gold should be able to make a move to complete the right shoulder of the H&S at the minimum.

ATHs of 2019 not ruled out if there's a hard squeeze of bears shorting at the next shoulder.

Net net Up first before rolling over to fresh lows, or even back to retest Gold breakout at 1370-1380 region

Comment

Right shoulder should be completed by 25 Sep if the Left shoulder symmetry is observed.

Comment

On track so far

Comment

Looks like Gold's turn is here....Gold is going down from here on. It will be a quick furious move down to low 14xx.

Comment

Neckline is broken...Down She Goes!
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