GOLDILOCKS AND THE THREE BEARS

FORECASTING 2020-2021 GOLD PRICE MOVEMENT BASED ON FRACTAL FIBONACCI ANALYSIS AND CHART PATTERNS. GOLDILOCKS RAN ALL THE WAY THE HOME. SHE NEVER RAN BACK INTO THE FOREST AND THE THREE BEARS NEVER SAW GOLDILOCKS AGAIN...

Be careful traders. Gold to become highly volitile in the months ahead. We have a long-term long bias on the PM however, always mitigate losses and hedge you positions as appropriate.

Good luck! JNUG GDXJ GDX GOLD BTG SILV WPM XAUUSD XAUUSD XAUEUR XAUCNY

Trade active

Trade active:

Entering a short term short position with a target price of $1720 as we are expecting a retest of the upper trend line of the recent broken triangle pattern.

Trade active:

So far so good..

We didn't see the high volume bullish bounce we were expecting at today's lows. Our short positions remain open for the near term. Now expecting at least a 1% drop further towards $1708.