2lalit

Visibility Is Getting Closer, The Weather Is A Bit Cloudy

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
3
The Youngest flight continued even after in 3 days the aircraft was spinning flight in above the same area. Currently, the aircraft was seen trying to get through the border point of $1,250 which is DMA50.

Visibility to the landing point of $1,285 is getting closer, but in the area of $1,265/70 looks weather was a little cloudy, but if the plane can pass through the border points of $1,250, I expect a cruising speed will be increased so that it can through $1265/70 and then trying to land at $1,285.

Let us look for a moment, what is the point of $1,285 and that is nearby.?

In previous analyzes of "Symmetrical Breakout & Time Prediction" (www.tradingview.com/v/vExxxZ7z/), there are three alternatives on the prediction of the time, they are:

a. The first week of Sept 2014 (estimated on Sept 05, 2014)
Recorded on the Daily Time Frame, that the actual breakout is on Sept 02, 2014.

b. End Week of Sept 2014, (estimated on Sept 29, 2014)
Recorded on the Daily Time Frame, that on Sept 29, 2014 the price is low at around $1,182.

c. End Week of Oct. 2014 (estimated on the date of October 24, 2014, the maximum until the end of October 2014), where this date is equal with 9 or 10 days after the date of October 15, 2014.

The question is, will the aircraft can arrive to the first landing point at $1,285 in that time period ?

I used the $1,285, because this point is DMA200 and $1285 is the point of Median Yearly Trading Ranges between $1,434 and $1,178, which according to my point of view, is a very important point. Look at the point of $1,285, which is approaching the point of APEX from one of the Symmetrical that previously formed.


This is just an approach and I am waiting to see.


From the Desk of a Newbie.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.