100% bull - Once in Blue moon

FX:XAUUSD   Gold Spot / U.S. Dollar
3178 51 60
You never get this chance again. The bull setup before FOMC. However it's advisable to take position on Wednesday Comex section. The Bear and Bull wave are moving in same direction next week. They should diverged between 1345-1357 area. Trade safe ..! We have three more trading days before FOMC release and that should be NO change in rate hike :)

We should see price below 1302 next week and I placed a buy order @ 1302 to secure a position trade in bull momentum. Exited 3 of 4 short positions @1309 from 1352(1of2),1333,1322. Currently running one 1352 positions targeting 1180 this should be covered around 1302 next week :)

Started Melting ;)
Comment: It's Big day today...! Here is the direction of the day
Comment: We are now 24$ up from last dip. another 10$ more which is around 1274 is the key resistance for wave 4 :)

Resistance 1..! let's see whether it break or not

Stick to previous pattern ABC no Triangle here :(. Let's dive. New Week, New Strategies
Comment: Shall we get better than this? I doubt.. ! :)
Comment: Volatile gold is good. We found nice spike on Friday and sell OFF. We still not reached COMEX close 1273, which invalidate 5 wave count. So I expect the C wave is not yet finished and expected to finish the target of 1286. It's good to long on Market opening..!

Related Ideas

now up 1280 (4) ?
VRShaiju SciFi75
+1 Reply
thenry VRShaiju
I really like your latest chart, with the ABC on it. Totally agree
)) congratulations
VRShaiju SciFi75
Thanks buddy. I was confident on this chart and I traded it and holding a single position now from 1352 :) let's wait to reach the target
SciFi75 VRShaiju
I wait ))
SciFi75 VRShaiju
end on 850 - 900 - 950
VRShaiju SciFi75
NO - BIG no not that deep this time. Let's play safe in gold
SciFi75 VRShaiju
we expect the largest sale in history. The current economic Armageddon will sweep away everything in its path. Now the U.S. indices will update the historical highs and will crash 2 times. The fed will turn the printing press - we see a new rise of stock indices and again crash. We soon also expect a shortage of U.S. dollars. And the pound and the Euro will come to parity with the dollar 1 to 1. And then when the fed prints money the dollar will collapse. But by this time we are interested in how much rice and lentils, not futures and the Brent brand.
VRShaiju SciFi75
You said absolutely right sir.

This is expected in the beginning of the year when media cornered and continuously provide " paid news " on negative interest hike on US. A lie they repeatedly said almost 10 months now which is registered in new investors mind. Brokers got enough money to destroy newbie accounts
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