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Aiko89
Jan 13, 2021 7:35 PM

After rain comes Goldietime Long

Gold/U.S. DollarFXCM

Description

Longterm support has held all the way except for the march crash. Waiting for the spark to ignite 2100+ bullrun

Comment

Trend is holding since April ’19. Buy the real stuff while its cheap ( meaning no paper promise)
Comments
RiCkYboyy
Prediction for gold this month ?
Aiko89
@RiCkYboyy, I am not interested in short term price ranges but the greater fundmental pictures and macros. I do believe we will bounce back to 1950 level again which could be a could short term sell since I do believe we will have crazy volatility 2021 but with an uptrend bias finishing at around 2500. Perhaps uptrend starting tomorrow after Biden introduces his economic plan. We are moving in a channel now as shown in the chart. I am more interested in longterm charts since I am in no rush to sell anything until DJI/Gold drops to atleast 5 or less.
RiCkYboyy
@Aiko89, Been tracing Gold for a while now, Gold is now running between 1836.72 & 1864.44. Where price is now at 1857.59 with a pinbar candle on the 2h chart following with a mat hold pattern, breaking the higher low at 1874.32.
Am still fresh in this game but , what I've notice is buy Gold when it's cheap & sell it when it's expensive.
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