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VRShaiju
Nov 15, 2019 7:58 AM

Structural Move Long

Gold/U.S. DollarFXCM

Description

We are ready for next level of bull momentum on gold. I am expecting a very fast move on gold in coming months. We don't need to think of selling at the moment. Let the bull structure complete before thinking of Selling gold. Just buy at your own risk
Comments
mkandy
I love your long term view Shaiju..lets see how it unfolds!
VRShaiju
@mkandy, I was just waiting to see for a corrective structure, which is unfolding after touching 1530 (breakpoint on 2013). As usual we have corrected the swing vey much. The corrective structure telling me there is more to come in trend continuation which is bull. I am not recommend to sell gold anytime next year. This is gonna unfold extreme bull which will be quick
mkandy
@VRShaiju, Monthly RSI not a problem?
mkandy
@VRShaiju,



Right?
Cornhub
like this idea, but I'm expecting a dip more lower and then shoot to the moon :D
VRShaiju
@Cornhub, I thought same, but we are not getting it right over time. The higher timeframe which is monthly, 3 months, 6 months and yearly showing something different. They are indicating we are almost over with correction by time.
mkandy
Hi Shaju..whats your view on gold?
VRShaiju
@mkandy, We required patients this time. December probably a doji month, means the price action ranges from 1480-1450. End of the month probably after Christmas we slowly switch to drastic bull.
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