After the break, the support confirmed for several months, the gold price ( XAU/USD ) reached a movement low on Monday November 30th, confirming our deposited turnaround date (with a one-day tolerance).
In our analysis of November 14 (13 days in advance) we had already pointed out the movement low around November 27. Thus, any price developments were by no means surprising and our readers had a very good directional filter to plan and prepare appropriate setups.
Within our subscribers, the long setup was specified more precisely once again. At this point, congratulations to all who were or are positioned!
According to our calculations, there is a reaction high around December 04 with a final counter impulse until around December 15. Our subscribers receive the exact position management together with price targets as usual via our distribution list.
An excerpt of past turning dates:
- Gold low November 27, tolerance 1 day
- Gold high November 16, tolerance 0 days
- Gold low November 12, tolerance 3 days
- Gold high 05 . November, tolerance 2 days
- Gold low September 28, tolerance 0 days
(Our turning dates have an average tolerance of 3 days. In 80% of the cases it is even only 2 days).
Within our Swing Trading Strategy we use three special analysis methods. Only partial aspects have been published in this article and do not constitute a complete trading system nor investment advice or a buy recommendation.
Trendaktien und mehr ...