In March gold had two PV targets 1198 and 1304.
Once new month started it went down straight to 1198 deleting it from sight.
( I did not expect it to do it anyway, just stating it after deeper analysis )
I do think it can tag 1304xx during March, that would be normal based on behavior and pivotal sentiments.
Are we reaching 1247? Yes 1247 is what I feel safe about as it is unseen frequency tag target.
What happens next we'll see after recalculations, can't be done now because I need exact time and date for calculations, so have to monitor when 1247 is reached.
But I do think 1304xx would be a normal PV target for this month.
As stated before my long entries are.
1224xx
1221xx
1220xx
1214xx
1206xx
1200xx
( opened using pyramid principle )
1224, 1221,1220,1214 will be closed at 1247 and 1206, 1200 will be running with trail stops for extended higher targets ( since these two are 10x bigger / pyramid / and better / lower / )
So if gold reaches PV 1304 it can bring enormous rewards, if not then just hits the trail stop.
That's it from me for now.
FOMC and fundamental Fan boys please don't ask me what I think about this and that, I have no idea. Meaning - If Trump gets in Office ( election day ) for sure gold is going to the moon... If NFP is a beast in March gold is going under 1180 in no time... mhm.. sure thing, you can never know. So I have no Idea, no time for that, nor I care, is there a hike or there is not.
P.P.S - intraday trading is done in whatsapp group and RUS Tradingview Sector from now on, here I will post not that often just once in a while.
Take care.
Once new month started it went down straight to 1198 deleting it from sight.
( I did not expect it to do it anyway, just stating it after deeper analysis )
I do think it can tag 1304xx during March, that would be normal based on behavior and pivotal sentiments.
Are we reaching 1247? Yes 1247 is what I feel safe about as it is unseen frequency tag target.
What happens next we'll see after recalculations, can't be done now because I need exact time and date for calculations, so have to monitor when 1247 is reached.
But I do think 1304xx would be a normal PV target for this month.
As stated before my long entries are.
1224xx
1221xx
1220xx
1214xx
1206xx
1200xx
( opened using pyramid principle )
1224, 1221,1220,1214 will be closed at 1247 and 1206, 1200 will be running with trail stops for extended higher targets ( since these two are 10x bigger / pyramid / and better / lower / )
So if gold reaches PV 1304 it can bring enormous rewards, if not then just hits the trail stop.
That's it from me for now.
FOMC and fundamental Fan boys please don't ask me what I think about this and that, I have no idea. Meaning - If Trump gets in Office ( election day ) for sure gold is going to the moon... If NFP is a beast in March gold is going under 1180 in no time... mhm.. sure thing, you can never know. So I have no Idea, no time for that, nor I care, is there a hike or there is not.
P.P.S - intraday trading is done in whatsapp group and RUS Tradingview Sector from now on, here I will post not that often just once in a while.
Take care.
Comment:
Monthly target is lurking around.. not betting this to be reached this month but patience will solve this one.
Don't forget we will add as it goes, so these buys should be huge payers at the end of this accumulation.
Damn. I have buy from 1200.xx I know a lot of you have that followed me, it will be like 100$ Take profit.
Gold will be ready to deliver 13xx.xx