A funny idea for GOLD....

FX:XAUUSD   Gold / U.S. Dollar
387 3 4
Gold             is struggling below 1275 level. I don't think it is a strong resistance level ,but it be.

Gold             rebounced after long time sell-off. I know surely Gold             would fall down beucause FED surely will continue taper.

Less dollar is injected in the market, dollar is stronger, and gold             falls down because gold             is a anti-dollar.

The problem is TIME.

Today, I show a funny observation I see on the chart. The gold             pattern make me to reminisce my high school time: I studied about PROJECTILE MOTION IN PHYSICS.

If Gold             couldn't break key resistance level : 1275, it must fall down.

The gold             pattern very look like Projectile motion. Imaginary, when you fire a bullet in cannon, the motion of cannon bullet is the same with the motion of gold             pattern I draw on the chart.

I have OXY coordinate axis. I have cosa, the problem is finding Vo             , and I could draw the orbit of gold             motion.

It's just funny. Don't too much aggressive in my analysis. But when you analyze, you will see even price fluctuate chaoticly, it is still in order. The problem is you have to find the LAW. Why price always respect Fibonacci level ?. No one know, but it happens.

In this chart. I just show some interesting analysis. If you apply math and physics in analysis, you will find some interesting matter. The move of price always respect math function.

Good Luck for all Traders.
there are here


Nice try math geek!!
different people see different things. someone pointed out the cup and handle pattern in gold chart and possibly breaks out on monday.
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