And The Pullback Continues Until It's Something Else
Gold is still in pullback mode still respecting the harmonic for the retracement.
The only way this will become a bullish trend is if it breaks the 1298.86 zone. Then, it will have broken the overall trendline.
But for now, waiting on the retest of 1282.70 zone, then continuation up before it's next drop, which will be bigger than the others when if happens.
BULL TPS:
BEAR TPS:
The only way this will become a bullish trend is if it breaks the 1298.86 zone. Then, it will have broken the overall trendline.
But for now, waiting on the retest of 1282.70 zone, then continuation up before it's next drop, which will be bigger than the others when if happens.
BULL TPS:
- 1289.72
- 1298.86
If breaks through weekly
- 1302.57
BEAR TPS:
- These TPs begin from the trendline for whenever the downtrend continues
1292.36
- 1282.70
- 1276.73
- 1271.91
- 1265.33
Comment:
Previous Analysis For This Swing Trade...
Comment:
With price currently ranging at the daily SR key level, prepare for a big breakout coming. A range that lasts several days means it'll go in one direction once it breaks out several days