XAUUSD - TIP!
The pattern from 16-08.2018 until 13.11.2018 is repeating.
It can be noticed intraday on current charts, from 23.04.2019 until 16.05.2019 (today).
Many pips ahead!
Bullish Impulse under development.
Has chances of extending.
Wave 4 in the making.
Hammer coming soon, after it will mess with traders' minds.
other commodities suchs as silver , platinum , ukoil ... doesn't support the gold's rally.
a deep recession like one in 2008 may hit the markets later this year and pull down the gold to the bottom ( below 1000$/oz. ).
trs yields gonna spike up , dollar goes up etc.
if it's not gonna as bas as 2008 crisis then gold may find the bottom around 1200-1220$ range.
this is gonna be interesting. let's see how it goes.
to me , lots of opportunities ahead.
good luck ;)
dow jones industrials :
eurusd : (i don't know if it can re-test above 1.20 or not)
brent oil :
I like your charts, simple, yet effective, and directions are in-line with my way of thinking as well. Cheers! Good work there!
Yes, the Market Crash is coming, yet some don't seem to see how and when. But we do!
XAU on its way up again, in the pursuit of the hammer, for the overshoot.
A BIG sell is coming soon.