rasaqdayo

Any daily reversal candle around 1810 will be a good BUY

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Any daily reversal candle around 1810 will be a good BUY. I will prefer to see a third MACD divergence on daily TF around this price.
TP should be around 2200/2300
Comment: I have 2 guesses for bullish view.
1. COVID-19 second wave might turn Gold attractive again as a save haven which could later cause "Gold crash" by end of first quarter once vaccine news start rolling out.
2. Stimulus would come after election - crazy view though. If Rep looses, they might agree to the terms of Dem on stimulus (maybe they are just be waiting for a good time to play "You just lost a good and empathetic leader game").
Comment: "1 GOOD" trade is better than "3 GOOD and 2 BAD" trades
Comment: A female president will have similar but rapid effect as (1.)....Wake me up
Comment: DXY could drop hard to 89 by Jan 2021. Oil could reach 50 and beyond. Gold should be bullish around 1810.
Comment: Renko is counting 3-1-3-1-? = w-x-y-x-z
Comment: Dont rush...Wait for a reversal candle on daily TF before any LONG
Comment: If weekly BTCUSD divided by XAUUSD forms a topping reversal candle by Friday, start selling BTC and buy GOLD.
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:

Comments

sorry was wrong,

but we should go up from today... don't believe in 1810))
Reply
only buy. don't think that it will be near 1810...
Reply