DrAMohammadi

PITCHFORK ANALYZE OF GOLD

FX:XAUUSD   Gold / U.S. Dollar
585 5 5
Pitchfork Analyze of Gold             in Weekly
See X Point and Reversals....and.....
If we draw the pitchfork from the last top, i.e. 1920,80 on 2011-09-05 then we get the following picture:
snapshot

So Gold has room until 1391.
Your chart indicates that we are on top now and expect a downward correction from here or would exceed the pitchfork.
Reply
Very good....
Reply
Than you for this study which shows an unusual picture but very impressive. This study may indicate that we could reach the blue pitchfork line before continuing downwards. I drew a pitchfork from the first bottom and receive a suggestion that we may have seen the intermediar top already. This is supported by the simple trendline and the Ichimoku cloud.
snapshot
Reply
Pitchforks are great, I wrote the books about them. Google innovative geometry. Oh yes and be sure to check out my new Andrews pitchfork indicator.
Reply
DrAMohammadi ron.jaenisch
thanks. please send links of your book and indicator...
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out