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VulcanoRosso
Oct 17, 2021 1:47 PM

GOLD BEAR & BULL SETUP Short

GoldOANDA

Description

looking for another leg down through 1680$ then look for buys.

Comment

it's breaking up on the daily structure.
now looking for the next long term resistance.

Order cancelled

breakup.
Comments
UnknownUnicorn4430035
Nice chart! 👌 And so you think about the 4th touching the level 1680. It must be weird... 😜 Don't you think the price will go deeper if it once again reaches that level?
VulcanoRosso
@Viktor-Klimov, for now i'm looking for a quadruple bottom near 1680$ , if it breaks down below 1650-1660$ range then yes it could open path to lower levels.
UnknownUnicorn4430035
@VulcanoRosso, agree. Good luck! 🙌
funTomas
@VulcanoRosso, as you are looking at it from the technical analysis - do you also consider the external factors such as politics, global economics and US inflation? Thanks :)
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VulcanoRosso
@funTomas, of course fundemantals are primary indicators for me always... technicals are just supporting those fundementals.
CFD_CapitalGroup
Nice Analysist👍, Thank You!
VulcanoRosso
@CFD_Indonesia, thank you , greetings!
ForexTrendline
nice pattern, check out ours as well
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