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Lingrid
May 14, 2021 8:42 AM

GOLD completion of correction, next step - GROWTH Long

GoldOANDA

Description

Let me remind you that at the beginning of the week the price started a correctional movement.
It fell from the resistance line of 1837.80.


Then it dropped to the support line 1808.92.


It pushed off this line and broke through the border of the 1831.01 channel.


I expect the movement to continue. The price will first rise to the resistance line 1849.04. Then it will turn around, break through the support line 1834.62, fix on it and return to the channel. So my final target is the support line 1810.72.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Comments
DailyTradingPicks
You were holding gold to 1800. Now you change your mind again? What happened with your bearish trade? Did you got stop loss? Your trade ideas are based on chasing the market direction every time the market goes in the wrong way. Your results and performance should be audited by a third party. Not by yourself. You change your mind many times
fxspott
@clivepope, lol but the price did fall though
clivepope
@fxspott, did it fall to 1706 ? Her last idea had that target until it hit stoploss or just blew many accounts :)
fxspott
@clivepope, Sorry about that thought you were talking about her previous analysis, but never open trades based on technical analysis only, Analysis is just to help you spot trends & reversals, they are never 100 % correct
Lingrid
@robrodasgt, What has it “changed my mind”. I am not in control of the market. And the market is subject to news every day (especially Gold).
I publish forecasts, not signals. I have already said many times what the difference is.
Don't even know what you want? That I would hold something for a month or that I would analyze the market and share my predictions with you?
DailyTradingPicks
@Lingrid, thats weird. Because in your videos you say "signals" with targets and stop loss. Now you are saying that are just "forecasts". Well, sorry for my negative review. Is just that since i follow your "forecasts" im blowing my account week after week.
FoxCharts
@robrodasgt, These people (Lingrid, DeGRAM) its 1 person/1 group... They are not here to share ideas they own ideas... they dont care if theyr ideas are right or wrong. They are here to gather as many followers as they can and sell them "TOP PRIVATE SIGNALS" :D :D Thats how they make money... Not trading, not investing... But payed subscription of theyr signals in telegram groups :)

Go and check XAU/USD ideas... They are spamming on every idea how amazing chart it is and they agree and so on so forth... But in reallity they share opposite ideas and then write "Perfect ! I agree!"

Tradingview is now just a tool to promote yourself and promote your payed telegram channels :)
DeGRAM
In this case, I expect stronger growth.

I think the price will stop around 1860 +/-

Don't you think about the possibility of a breakdown?
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