GOLD starts this month on first day a new uptrend
After minimuns 1764 of 30NOV, Gold market start a uptrend, this uptrends repeat some zones, like on last Jun/jul, there are Expansion fases and Consolidation Fases, normaly the range of consolidation is near 40/50 points, and Expansion 50/70 points. You can see that we already finished the first 2 expansion fases, now we go for a consolidation one, where my target is 1913.75 the up of the downtrend diary channel.
We must adjust this boxes. Is the same that we saw at las Jun. Follow the arrows, and the boxes defines the minimum (best zone for buy) and maximuns expected on each zone. My second Target is 2008, that we must get on January. This year I think that we must have the highs on 1920. This padron will repeat many times on an uptrend or downtrend. The ranges can change a little.
Good luck for your trades.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
We must adjust this boxes. Is the same that we saw at las Jun. Follow the arrows, and the boxes defines the minimum (best zone for buy) and maximuns expected on each zone. My second Target is 2008, that we must get on January. This year I think that we must have the highs on 1920. This padron will repeat many times on an uptrend or downtrend. The ranges can change a little.
Good luck for your trades.
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Trade active:
We still UP
