During Friday trading session you remember that we smashed 1265 upwards and did not test it afterwards!
I even named Idea " Market makers Dream Dump n Run. Because that was the scenario of today that I was feeling to happen based on transition behaviour.
But gold played a trick at this point, it came down, and it was so close to touch 1265.. but it turned around at 1266.
It was very exciting move yes, but it would be better if 1265 would be seen, then we wouldn't have any business down here anymore and Gold could finally make a move higher!
But even the big mad buyer can't beat transitions, since if you go against them you get REKT. :(
Let's see 1265 and be done with this already!
If you want to go long on Monday, your account balance can be shorted, I am very sorry to say that. I wanted the run myself.
BTW, thank you so much for keep updating! It's fun to read your analysis! Keep it up! I'm so grateful!
Comment: People asking over and over again! What do I trade!
Like I said my trading strategy and knowledge uses only JAFR. Nothing else!
Here is small article on it:
Transitions are nothing esle than Fibonacci levels and Pivots.
But they are calculated using JAFR and Time from Clock.
You take price, and you take time from clock ( without seconds ) Let's say Price is at 1260.00 and time is 12:00. You use 1 Hour ahead it would be 01:00. So you have two parts 1260 and 0100, you apply Gold constant number 28 on it, some other JAFR formulas and you get = price, that you put on chart. It is very complicated, and I know 5% from all I should know, so I am still learning. But real JAFR masters that know 100% of JAFR, can be considered as a Holly Grail! Unfortunatelly they don't spend time in chats, forums, and don't share signals with fellow people!
So I have still a lot to learn.. that will take years! But I'll be there some day!
As well this software is all built on JAFR:
I hope I answer your question!