Edgy_

Gold: Inside Equilibrium Again! Runar killed it.

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello dear precious metals friends, hope you're doing well! ;)

First of all: The bulls saw a perfect breakout of $1,495 and came to our target zone of $1,510-15 -we were absolutely correct, thanks to our predictive indicator framework.


1. Runar gave green light at $1,488 -long before the bull breakout at $1,495, giving you solid more than 26 Dollar profit until the target.
2. Runar gave red light at $1,503, long before we had broken out of the mini Bear Flag: Until now the signal is still active, and we're at 15 Dollar profit.


Where to from here?

Should we keep falling lower, we can expect a bounce at the Equilibrium bottom ranging from $1,477-80. In that case we could see further tightening between $1,480 and $1,510, before we see a bigger move happening. We can perfectly see the range on the 4H:


If we fail to see the bounce, we can break further down to $1,460, giving another solid 15 Dollars.

Conclusion: Don't trade blindly, when you can have our amazing predictive measurement at your fingertips. Get your trial version in our signature and see the magic happening on your own end! ;)

If you had some value from our analysis, give it a thumbs-up & comment it, because the mechanism shows our analysis to other people then. Make also sure to follow us so you get notified on our analyses! I wish you a good trading! :)

Edgy is providing online education & indicators only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.




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