Two scenarious either market goes and reaches our unseen transition 1265.00.
Either is blocked by transitions at 1274 goes up, breaks transition breakout and goes higher.
The thing that sometimes worry me is that you cannot notice the quick tests.
I mean I doubt it did test 1265 on Friday because it just smashed it upwards in no time. But you always need tick charts ( second graph ) to see that in situations when it is not clear. But I still think market will go down to touch the transition.
Let's see how this works out!
They send me message:
Please note that during the next week, from 31 October until 6 November 2016, the everyday trading breaks will shift to 1 hour back. This means that trading will open and close an hour earlier.
Then why the hell is Gold chart closed? I am really mad when it comes to trading, because it is my money, it is my business here, and when broker mess up my business, I am really mad! On Fxpro Gold is already open 1 hour earlier!
Hold on Admiral.. I see you tomorrow!
Gold breaks some of given transitions downwards doesn't test it, and goes down to 1265.
Will be one hell of a good buy there then!
This would be really nice scenario. Let's see!
1280...1281 is Target.
If not reached now, will be later!
Holding sell from 1278.9
Did you just notice something more? You saw how it broke 1276.5 downwards? Did it tested it? No.. it kept falling! Take it as a sign that market will want to be back.. to reach 1276.5 again.
If this falls to 1265 and transitions proove to be correct.. Buy it at you will be thankfull to me later.
Regards. Let's watch!
Not the best place, but I take the heat. Shorted on my personall acount! Is how big trust I have in Transitions!
Do not take example from me and skip this! If I lose, I take it.. If not... well it's ok then!
If Gold wants to met my 1265 ( wave 6 favours that too ) it should be in a form of spike, and bounce!
So far I didn't get you any minus.. And now I did not you to go short while Gold was climbing.. I don't understand whats the point to go nuts now just because 1265 is not seen! When I made a call about 1265.. if you shorted you were in money!! If you do not use BE.. that is your fault!
38.2 will be very tough.. take my word for it.
To enter new phase we need a crap load of power.
How can we break it if we leave so many unreached targets back down?
I am just saying.. this is not exciting at all! If gould would reach 1265 and some other levels I have.. I would say BUY it.. But this is SCAM in my opinion!