Loii

GOLD DECISION/PIVOT POINT. BULL OR BEAR?

FX:XAUUSD   Gold Spot / U.S. Dollar
717 2 22
GOLD             PIVOT POINT . BULL OR BEAR?

will know by monday daily candle close.
bear does have a slight advantage becos of positive NFP!
Hi Loii , my personal view, for what it's worth!! Is bear.. If gold can drop $30 because of one possible NFP report, then there's got to be more downwards before a final bull run. The US are still waffling hikes!! When every one else is printing stimulus money and negative rates. I feel it still has to bottom, and this could between now and US election, which is looking more like Clinton every day..The US coverup won't be exposed to after the election when the share market collapses as false profits are exposed..Trump says they will rig the election..No, but they are rigging the economy to make sure of the result....Speculators, will still spike gold , still think overall it will be down until December anyway..A massive terrorism event can reverse my thinking in an instant of cause..so I'm just scalping until I see a possible move,,,like over 1450...I still feel it may go real low, 950 even. I can't afford to take large SL. when it's at such an undecided price and spiking on such small news...love your site and ideas, been right most of the time...cheers Ron NZ..
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Couldn't agree more with your thoughts. :)
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