This is my plan for next week.
Sell around 1235 with target 1193-1180.
I will update if situation changes!
Please dislike this idea, un-follow my account and leave a bad comment down below! Appreciated!
Combinations:LdHd = n!/((n-k)k!)!
Stands for Combination of Low degree High Degree = Number/ price.
If price is lower than " k " = pivot then pivot " k! " is invalid, invalidating 1193.
Permutations:nPk = n!/(n-k)!
Stands for the same but is checking do all sequence price numbers fall in for L degree or H degree.
Stands for Price circular where are two pivots that need to be crossed down then up to close above the 2nd pivot, if that happens, that invalidates 1193.
Percent Change, as a decimal = (New - L)/H
Stands for pip difference between L and H and two pivots.
N = (1 + G)O; N = New Value, 0 = Old Value, G = 1383
Stands for Pivot 1 + G ( G is difference between 2 pivots ) New Value ( Price ) Old Value ( price ) where G should be 1383.
I will make all these calculations and if I get other signal we will not short Gold anymore, but drive to 1383.
Why I write this? Just so you get a hint of what is going on in my analysis world, as I trade using JAFR and quant mathematics.
So you know how mental I can get sometimes.
If this proves to be right I will come out with Idea that suggests to long gold to 1383 right away! Bear with me!
GOOD TRADING TO EVERYONE!!