Hello, Traders.
This is pre-election idea, because I want you to know that there are two targets that must be seen this year.
There is a target 1400 and 1180. Both these levels should be met during these last 2 months.
I have a feeling we will first see 1400 before we go to lower target, if so, I will sell from around that area, and keep it as a mid term trade.
If 1180 seen first I will look for buying!
As well I want to let you know that I will be moving away from day trading, I am to tired of this.
I have discovered new levels and formulas and I will move to mid - long term trading.
Daily trading is worsening my trading performance latelly, because I have some personal stuff going on, and if you cannot be at the charts for whole day.. this is it.. you lost the track.
So I will open trades and let them run for longer term based on new advanced calculations, as I move away from old ones.
So this is the first long term trade idea, and I will monitor this as it goes.
If elections drive some impact and this goes up I will look where to add the buy ( at keylevel )
Take care guys!
And remember these two targets.
This is pre-election idea, because I want you to know that there are two targets that must be seen this year.
There is a target 1400 and 1180. Both these levels should be met during these last 2 months.
I have a feeling we will first see 1400 before we go to lower target, if so, I will sell from around that area, and keep it as a mid term trade.
If 1180 seen first I will look for buying!
As well I want to let you know that I will be moving away from day trading, I am to tired of this.
I have discovered new levels and formulas and I will move to mid - long term trading.
Daily trading is worsening my trading performance latelly, because I have some personal stuff going on, and if you cannot be at the charts for whole day.. this is it.. you lost the track.
So I will open trades and let them run for longer term based on new advanced calculations, as I move away from old ones.
So this is the first long term trade idea, and I will monitor this as it goes.
If elections drive some impact and this goes up I will look where to add the buy ( at keylevel )
Take care guys!
And remember these two targets.
Comment:
Initial upper target would be not 1400 but 1430 if I take phase numbers of 4-9-2-7-6 = 28 (Two upper phases) equals the price of 1430usd. The remaining sub-sphase, crosswise 1-8-3-5, sequentially 1-3-5-8 = 17, is 1400 in case Gold cannot overcome 1400.
But anway Target is 1430 instead of 1400.
But anway Target is 1430 instead of 1400.
Comment:
We are very close to see will we see 1430 first or no, I think we will.. but who knows.. I just think the Gold will rally up and reach upper target first and lower target later in December.
I have set buy stops at keylevels if this really does rally up, I want to be in so I set overall 5 buy stops at phase key levels. Let's see!
I have set buy stops at keylevels if this really does rally up, I want to be in so I set overall 5 buy stops at phase key levels. Let's see!
Comment:
### My temporary Target is 1317 for now. ###
Reached
Reached
Comment:
Now be careful, market can reverse!
I still think 1430 permanent volume target be seen first, but since 1317 reached.. now be carefull with longing it. The real move will happen once we get the real result, till that it can be a game of bears n bulls up n down.
I still think 1430 permanent volume target be seen first, but since 1317 reached.. now be carefull with longing it. The real move will happen once we get the real result, till that it can be a game of bears n bulls up n down.
I hold buy from 1277.