staurum

2016; The next most important period (personal notes)

FX:XAUUSD   Gold/U.S. Dollar
38 1 1
2 months ago
Focus will be set on the November 2016. Three things:

1. First and Foremost is FOMC Meeting which will set up December rate hike. I personally am expecting a beautiful rundown of the likes of 2013 Q3 and 2015 Q3.

2. US Presidential election which will likely might
a. Push gold             Up to way Overbought euphoria and then crash, or
b. rundown for the remainder of the year, only to restart this year's pattern in the next year, which might indicate my fear (nations against nations, kingdoms against kingdoms).

Additional notes:

October NFP might be an indicator or a trap set-up. and November NFP might be a further trap.
a month ago
Comment: Waw... I almost forgot that I posted this 2 months ago.

Lookie lookie. so really future is already printed in the chart. No where else needed to look. Amazing things happen if we always remember what we are thinking all the time and correcting ourselves along the way.
albertwt
2 months ago
OK, so do you mean there will be big currency war going on next year which suppress the price of Gold ?
Reply
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