The handle has dissolved on the cup and handle structure that shinny stuff is doing a fib retracement no take off yet !!
Posted this comment yesterday 5/12/19
Comment: Greetings Master Vasily, I Believe xau\usd is going to dip too low 1460's area then rise to the occasion very shortly & quickly,then to the pie in the sky 1508 as you have illustrated in your chart analysis (-: ? Glad to see you are using a different method to discern the movements of that shinny stuff, rather then the bat-fly patterns like I recollect you were using just a couple short months ago. I'm a lot more confident in your analysis in (((GOLD))) now, using your structure and formation hybrid analysis seems more logical ? I guess, I can call you a structural engineer in your chart creations. (-: Megalo, As always good trading !!
So I believe gold still to be in line for movements in the near term future a fib retracement seems relevant at this time and juncture !
Posted this comment yesterday 5/12/19
Comment: Greetings Master Vasily, I Believe xau\usd is going to dip too low 1460's area then rise to the occasion very shortly & quickly,then to the pie in the sky 1508 as you have illustrated in your chart analysis (-: ? Glad to see you are using a different method to discern the movements of that shinny stuff, rather then the bat-fly patterns like I recollect you were using just a couple short months ago. I'm a lot more confident in your analysis in (((GOLD))) now, using your structure and formation hybrid analysis seems more logical ? I guess, I can call you a structural engineer in your chart creations. (-: Megalo, As always good trading !!
So I believe gold still to be in line for movements in the near term future a fib retracement seems relevant at this time and juncture !
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The dates of 13/12/19 and 16/12/19 are pertinent in signaling a Blue Line conformation in (((GOLD))) directions. > I'l repost when it becomes relevant.