coondawg71

Gold; XAUUSD compressing

FX:XAUUSD   Gold/U.S. Dollar
I see the price action of Gold             continuing to compressing through the remainder of 2014. I am testing a method of so called magnetic points by creating a grid. According to this chart as gold             remains under 1247 there are several points of interest to monitor. Price appears to complete compression by December 15/16 where we could see a strong move to either side. One other point of interest is a possible retest of the October low mark of $1,190 which according to the chart could take place in the time frame of November 5/6.
Serkan Gulec
2 years ago
https://www.tradingview.com/e/qmouNLfe/
agree with your idea
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Stockman
2 years ago
LMAO, Right on red....left hand on green......annnnnd spin again, this chart is a complete disaster like a Pollock painting.
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coondawg71 PRO Stockman
2 years ago
I absolutely love your reply. So what else do you have to offer? Anything?
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coondawg71 PRO Stockman
2 years ago
snapshot


yeah Stockman, a "complete disaster" haaaaaa. Looks like it turned out as suggested so far. And yet the one and only chart you offered was full of arrogance, lacked any sense of ingenuity and was THE actual disaster.
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Update: January 8, 2015
Price is pushing against 2.618 resistance these last few days. Breakout to follow soon? Or perhaps pressure downward toward the 5.0 deviation would be more suitable considering the bullish nature of recent stock markets?
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