The question are we heading to the DCL, ICL or maybe HCL? - I cannot answer right now.
What is sure we are free falling from the pattern.
The purple line shows the target counted from the pattern. (1241.68)
I also put the FIBO : I think the is realistic. (1248.32)
And watch the blue dotted trendline: I would like to see a tag there.
So the take profit area is in the green .
I'm also watching the daily chart's EMAs. But first let's how this day closes.
PS.: of course they had to break out the price at the Asian session.
RSI turning down, and MACD might printing a Kiss and goodbye...
SlowStoch you are te longs last hope...
I just hope those longs really closed last week at 1308.
There is no time frame where we don't have a reversal.
It doesn't seem to me that it will turn back. Time to toast the dip buyers.
I studied a bit the circumstances.
The voting will be on Thursday. The voting will be closed at 22:00 GMT Thursday.
In a few minutes we will have the exit polls. That will be very important.
The first datas will show how close will be the votes.
The majority of regional outcomes will be declared between 2:00 and 4:00 AM (GMT).
By 5:00 AM we will have almost all of the datas.
All the big banks will be standby. Banksters will be working. So if you are positioned better to prepare for Thursday night because there will be extreme volatility between 1:00 and 5:00.
Coffee, girls, snacks - get them ready by Thursday night because you will not have time to jump down to the corner supermarket.
In this case below 1260$
So we have to be very very careful. We might have to get out every gold short position today.
Before midnight GMT.
I will be watching the miners action as well. I think miners will print a gap open today wit hsome kind of panic. Here in the Metal trade I dont have miners positions but I have some on my personal account.
If I close those positions I will post here also as I know a lot of you are short in the miners.
So that is coming now. Sit tight and enjoy the show.
We will have a nice afternoon.
Big players were selling the shares to retail again.
Hourly MACD crossed over
This guy Analysis is by far hands down the best. Step by Step from where we took off at 1200's. I Love it when most of people are silent. Its beautiful to watch. Thanks for the great and professional work Arpi.
THere is only 2 hrs left from this day. And it seems to me gold is not standing up.
As we are printing the weekly swing tomorrow might everyone and his dog shorting oil. Big guys might know something regarding Brexit...