Thinking anew about ...

This is what I am basing mine on for the bear market (I am basing mine on what I believe to be true!)

Technical Section:

Expanded Flat in play

Pattern = Double top

Target 1 = $ 2300
Target 2 = $ 2280
Target 3 - $ 2200

Invalidation level = $ 2471

Comment:

May 23- $ 2367.5



Target 1 = $ 2300 (it did)

***

Trade valid

Target 2 = $ 2280

Comment:

Gold- Update

Comment:

Gold

Seems to be the path

Comment:

Gold - Target ;)

Comment:

Gold- It did

What next?

Comment:

$ 2335.5

we are approaching a decision point

It's so dangerous to short Gold right now

I see two possibilities

Gold < $ 2335.5 bearish ----> Target = $ 2280

Gold > $ 2335.5 Bullish ----> target = $ 2353, $ 2369

Comment:

I am now in a long position

target = $ 2353

Comment:

target = $ 2353

Comment:

Gold- Long position (Comment: Seems to be the path)

Entry: $ 2303 (20 hours ago)

Target 1: $ 2322 (It did)
Target 2: $ 2335.5 (It did)
Target 3: $ 2353 ?

Comment:

Gold - Update

Comment:

Bullish

Comment:

Gold

Comment:

Gold- update

(Jun 14, Comment, $ 2335.5 we are approaching a decision point)

Comment:

Conclusion

back to work

change is coming

Comment:

Gold

Target 1- $ 2300

Target 2- $ 2289

Comment:

Gold

Blue or Brown ?

Comment:

Gold

Comment:

Gold

Comment:

Gold- Update

Target 1- $ 2300

Target 2- $ 2289

Comment:

I am patient

Comment:

Gold-

Amateur Trader:

Greed ---> Absolute despair ----> Panic selling ----> REKT ---> telling tall tales (I made a lot of money) :)

Comment:

Jun 17, Comment:

Why now?

too late !

Comment:

Gold- Jun 17, Comment: Why now? :)


Bull Trap