XAUUSD will bottoming at December 19, 2022. BUY FULL MARGIN!
First of all, Happy holiday everyone!
I predicted this Monday (12/19/2022) would be the time where gold reach its bottom before doing it's bullish supertrend as known as The January Effect.
This effect usually lasts until Jan 7 according to my statistical understanding. The market won't fall due to interest rate hikes, because they're getting slower and as expected by consensus (not so far from people's expectation) ... okay forget about fundamental, we have the statistics, we actually predicted that lol, and they are keep constantly doing the same as we expected by data.
It's silly when we know that real worldwide economic is actually controlled 100% by The Fed, @TradingView should give us data analytics feature, don't keep your data please..i know your Machine Learning system found this cycle, Right? :D
I can suggest you to BUY FULL MARGIN at it's harmonic support aka fibonacci retracement or whatever you want, at least you are sure that's the main support and constantly rejecting going down since the main trend is still going up. I couldn't give you the exact number since i'm currently not sure where it will actually stop, i mean it could stop on 100% fib retracement but it also could extend to 138%. So, yeah i don't have any idea where it will actually stops, just watch and see..
Further prediction, as far as my understanding, it could reach 1845 as it was the current fibonacci extension. So yeah, trade what you see. Don't believe any idea whatsoever, because it can blind you.
As always, Trade safe. Cheers. and Be happy all the day!
Sincerely, Chartwatcher1996
I predicted this Monday (12/19/2022) would be the time where gold reach its bottom before doing it's bullish supertrend as known as The January Effect.
This effect usually lasts until Jan 7 according to my statistical understanding. The market won't fall due to interest rate hikes, because they're getting slower and as expected by consensus (not so far from people's expectation) ... okay forget about fundamental, we have the statistics, we actually predicted that lol, and they are keep constantly doing the same as we expected by data.
It's silly when we know that real worldwide economic is actually controlled 100% by The Fed, @TradingView should give us data analytics feature, don't keep your data please..i know your Machine Learning system found this cycle, Right? :D
I can suggest you to BUY FULL MARGIN at it's harmonic support aka fibonacci retracement or whatever you want, at least you are sure that's the main support and constantly rejecting going down since the main trend is still going up. I couldn't give you the exact number since i'm currently not sure where it will actually stop, i mean it could stop on 100% fib retracement but it also could extend to 138%. So, yeah i don't have any idea where it will actually stops, just watch and see..
Further prediction, as far as my understanding, it could reach 1845 as it was the current fibonacci extension. So yeah, trade what you see. Don't believe any idea whatsoever, because it can blind you.
As always, Trade safe. Cheers. and Be happy all the day!
Sincerely, Chartwatcher1996
Trade active:
Update : Running Profit, i bought 0.5 lot of it at 1788 to confirm it bullish. Hopefully not a prank lol :D now when i wrote this, it's already jumping to 1804
Trade active:
Update : i increased my position at 1798, another 0.2 lot. now, it's flying to the moon reaching 1820, i love this january bullsh*t lol :D
Trade closed: target reached:
Hit daily target at 1724 (previous resistance)
Comment:
I never thought it will reach 2000+ 🤣🤣👍
