Binary_Forecasting_Service

MQP GOLD BASE CASE PART 2

Long
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
SO PART 1 IS READY. PART 2 WILL BE READY TO READ WHEN PART 3 IS POSTED.

In this chart:

A - trendline connecting 1981 and 2011 highs
B - trendline connecting 2011 and 2020 highs
C - trendlind connecting May 2019, March 2020 and March 2021 lows
D - all time high resistance
E - slope of last 600+ point move low to high
F - slope of support for said move

to be continued... (out of time tonight)
Comment:
Goes without saying, but this chart will make more sense if you read PART 1 FIRST. Will detail later with time.
Comment:
And oh yeah... please like these posts of you enjoy them.

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