Gold in consolidation but speculation says on a rise for the next 2 years.
Feds finished pumping dollar into markets.
Look at the patterns
See the consolidation / accumulation
We have hit 61.8% on HOURLY
We just NOW pulled back to 50% from Aug 1st LOW @ 1405.00 on HOURLY
We are in a DAILY correction DOWN.
We have NOT hit DAILY 61.8% @ 1350 zone.
We are LONG overall in direction.
DO NOT enter right now.
/G \ Your signals to WATCH the market I have marked with eyes...
I am convinced we are going UP but my buying trades are by the higher probability zones.
--Observe patterns
--Plan a top down bottom up approach
--What is the dollar doing?
--What is YEN doing?
--Correlation does not mean causation but be informed that new assets = new money and old money comes from gold therefore we will see some kind of distribution of wealth between BITCOIN ETH and XRP and probably GOLD SILVER OIL and the DOW/SP500.
If you are NOT a follower of digital assets and cryptocurrencies you should follow the IMF / FED RESERVE / information on CBDC *central bank digital currencies* / Stable coins as digital safe havens for digital value / and XRP as the spiderweb connecting the banking systems and trade overall as we enter a new digital paradigm with fintech and trade.
The trade wars are so much wars...more like contract battles for how we will handle the next decade of trade for stability since every country has their issues and we do not trust much. Basically the point of bitcoin and block chain overall is to create trust for our trade. Naturally when you put a camera on someone they change how they behave. Same thing with a proton in science. It acts differently when observed. Track data and let people see that everything they do can be public will veer bad characters but also create new problems. And so the cycle continues. The war of hackers and technology is coming after the trade war. The more data we obtain, the bigger the magnify glass becomes and the smaller detail becomes more clear.
Prepare for 2020 new financial engines / protocols. Prepare for mass amounts of gold to be sold for bitcoin and then bitcoin sold back for solid gold through 2020 - 2030. I will be looking for another correction of BTC mid decade and consolidated gold at new lower weekly levels for a great pump these coming weeks/days.
I am a buyer after we break the bullish range and pull back or we get down to the double stacked blue eyes and airplane.
Share your thoughts! As always thanks for following and commenting. Manage risk and stay safe out there.
Peace. Love. Trade.
Feds finished pumping dollar into markets.
Look at the patterns
See the consolidation / accumulation
We have hit 61.8% on HOURLY
We just NOW pulled back to 50% from Aug 1st LOW @ 1405.00 on HOURLY
We are in a DAILY correction DOWN.
We have NOT hit DAILY 61.8% @ 1350 zone.
We are LONG overall in direction.
DO NOT enter right now.
/G \ Your signals to WATCH the market I have marked with eyes...
I am convinced we are going UP but my buying trades are by the higher probability zones.
--Observe patterns
--Plan a top down bottom up approach
--What is the dollar doing?
--What is YEN doing?
--Correlation does not mean causation but be informed that new assets = new money and old money comes from gold therefore we will see some kind of distribution of wealth between BITCOIN ETH and XRP and probably GOLD SILVER OIL and the DOW/SP500.
If you are NOT a follower of digital assets and cryptocurrencies you should follow the IMF / FED RESERVE / information on CBDC *central bank digital currencies* / Stable coins as digital safe havens for digital value / and XRP as the spiderweb connecting the banking systems and trade overall as we enter a new digital paradigm with fintech and trade.
The trade wars are so much wars...more like contract battles for how we will handle the next decade of trade for stability since every country has their issues and we do not trust much. Basically the point of bitcoin and block chain overall is to create trust for our trade. Naturally when you put a camera on someone they change how they behave. Same thing with a proton in science. It acts differently when observed. Track data and let people see that everything they do can be public will veer bad characters but also create new problems. And so the cycle continues. The war of hackers and technology is coming after the trade war. The more data we obtain, the bigger the magnify glass becomes and the smaller detail becomes more clear.
Prepare for 2020 new financial engines / protocols. Prepare for mass amounts of gold to be sold for bitcoin and then bitcoin sold back for solid gold through 2020 - 2030. I will be looking for another correction of BTC mid decade and consolidated gold at new lower weekly levels for a great pump these coming weeks/days.
I am a buyer after we break the bullish range and pull back or we get down to the double stacked blue eyes and airplane.
Share your thoughts! As always thanks for following and commenting. Manage risk and stay safe out there.
Peace. Love. Trade.
