Pure and simple chart showing where the hidden bull is aiming for.
Since last Thursday when we were short looking for: 1230 - 1228 - and maybe 1223, I noticed that every recalculation starts to look very bad for shorting gold. At some point I was worried about the shorts we had, but I did knew that target should come anyway, and we did it, but soon enough we are back up in this current range.
Once we get an entry we will take it, but All I can say that level displacement / Pip difference between Dollar and Gold / Binomial waves are indicating that gold is accumulating for a bull.
First indication for it is XO 90 ratio on Fibs using Difference between dollar resistances and gold supports.
This is forex and this is gold, anything can happen and new levels may be given, but for now I don't want to be so more on a short side because that can end up being painful to watch.
Waiting for long entry and aiming 1248 - 1255 - 1260. Don't forget that we are in multi week range so this can take some time still swinging up n down, but based on levels and behavior it may be not.
I just noticed that 1223 shows up on intraday level desk again. And I'll be God damn it is still not letting me feel good. Why I have that feeling that Gold will tag it and it will work as a long squeeze before take off. Hum...
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Since 1223 and even 1217 lurks around, it can be a great scheeme. After every recalculation gold refuses to tag upper targets for days indicating that gate is open, it is accumulating the bull but it wants to play the trick before. The trick can be simple. Throw out all longs by spiking to 1223 - 1217, when it people go short so gold can reach 1240, 1248. Just a pure behavior and scheeme.
In whatsapp group I mention about this behavior and why we can steal that money. The most interesting part and entry for long is ahead of us!
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Small account that was deposited with 14,6k on February 8, that I provide investors login, hit almost 6k in profit in just 11 trading days so far. Not that bad.
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Long entries set. Let's see do our theory that we talk about works out and it is what it is! :)
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Kshhhhhh don't tell anybody!
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3rd hit. Now the decision time at 1260 - 1266. Correction for lower targets or continue the bull.