My fellow traders!...In this video I am breaking down my thoughts for gold. We may be getting the yearly low. I cover economic drivers, bigger timeframes, historic patterns, and stimulus checks. This video can help tons of traders! THIS MOVE COULD BE HUGE!
My gold analysis that hit perfectly ->
My gold trap move analysis setup ->
Comment your thoughts below! Please like and share this I think tradingview community really could use something like this.
I also forgot to mention that April is the start of quarter two, the markets usually switch sentiment or have climactic moves when new quarters begin.
Contracts expire, and begin each quarter from an institutional perspective, etc.
Gold is looking like and ABCD to move.
People are focused on bitcoin, but it could be bait, to get people to move money into something that's not tangible. Gold is tangible. I'm not saying BTC can't hit 100k I'm just saying.
I hope you guys appreciate this!
We still need to see how NFP plays out.
Good luck, -Gio
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It's looking ready to hit that $1660 zone. Daily/Weekly Bearish sentiment