I just want to take a short look how gold bottomed in the past at DCLs and ICLs.
This is a typical bottoming pattern what we are printing today.
Some big players are selling huge amount of contracts into the breakouts and buying back them on the same day at lower prices.
So at the news today get ready again for breaking 1249 and maybe 1241 but it will be only a fast spike down and will be bought by the banks and insider big players again.
I will post a few earlier daily bottom in a few minutes so refresh it. Fight for your ounces, don't let them to get it from you for cheap prices.
Gold is running out of time : time for a bounce. Time is against these artificial breakdowns...
This is a typical bottoming pattern what we are printing today.
Some big players are selling huge amount of contracts into the breakouts and buying back them on the same day at lower prices.
So at the news today get ready again for breaking 1249 and maybe 1241 but it will be only a fast spike down and will be bought by the banks and insider big players again.
I will post a few earlier daily bottom in a few minutes so refresh it. Fight for your ounces, don't let them to get it from you for cheap prices.
Gold is running out of time : time for a bounce. Time is against these artificial breakdowns...
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Smaller time frame today:
Comment:
Only Yellen1s speech is important now. SHe will call our gold bottom.
Comment:
I calculated the Blees as they released the COT reports today .
The Blees is at 35.
Commercial shorts decreased by another 50.000.
I'm going to post tomorrow the COT gold chart .
Though the Blees 35 only it's still predicts the reversal. I will explain tomorrow's post.
The Blees is at 35.
Commercial shorts decreased by another 50.000.
I'm going to post tomorrow the COT gold chart .
Though the Blees 35 only it's still predicts the reversal. I will explain tomorrow's post.
Comment:
I posted GOLD COT analysis on twitter as a private idea.
Comment:
If you have any question just write below the private idea post , I will answer it there. My twitter account can be found at my personal datas here on tradingview.