As i insistently said in my last posts, speculative movements are occurred under my green line 1. As i said again in this post "I see that after the price had touch to green line 1, a strong movements had came in 2 days and it touch blue line 1 least." A strong movement had came!
I keep my chart but i have added price labels and yellow arrows for next 2 weeks.
Please note that time prediction is always been hard but i expect an movement until 21/09/2016 which visits my price labels.
In a nutshell when i see 1331-1333 $ i will be "seller" , when i see 1316 i will be "buyer" for next 2 weeks.
At 21/09/2016 the price may suddenly touch to 1317 and then rise.
This is not an investment advice, all these are analysis based predictions and notes for myself.
Current swing High is 1328.50, is what Gold should not be able to overcome.
0% base is 1313.70.
And Trend identifier ( sentiment ) is 1309.15.
With the High Low and Close the market left on Friday I don't see it going higher than 1330 yet.
If it does a clear movement above it with consolidation I will not sell there anymore.
But opening price can change the picture tho,
Anyway what do I know,
Enjoy your weekend.