AlphaDreams

BOJ'S TURN TO SET THE NEXT IMMEDIATE DIRECTION FOR GOLD AND YEN

FX:XAUUSD   Gold/U.S. Dollar
33 0 3
5 months ago
Many of us have watched as Yellen and others give indications to US rate hikes and how/when they should help the economy. Japan has waited even longer for their rate decision. In gold             we've seen spikes, pullbacks and consolidation but the night is upon us in the US and the day has come overseas. Let's see how it plays out.

I'm basing FIBO off of lows and highs, areas of resistance from far past and more recent past where we might see jitters while it moves up or down (helps to not jump too early if you see flutters while scalping or trigger ready).
5 months ago
Comment: Not much of a move. We're only back to where we were 10 hours ago before the BOJ announcement of no rate change.

This might not be valid but before all of this we were going up to test new levels. Though there is formation showing that looks like a head and shoulder pattern on 15 minute chart. We'll have to wait and see.

snapshot
For many centuries chemists labored to change lead into precious gold, and eventually found that precious uranium turned to lead without any human effort at all. -- Isaac Asimov
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out