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EverythingForex
Dec 16, 2016 5:17 AM

Gold: Post-FOMC Outlook 

Gold/U.S. DollarFXCM

Description

My last post here on Gold (see
), I predicted that we would see it drop again. Here's the chart that showed this pre-FOMC:



I also showed you how having predicted, projected, making a trading plan and TRADING that trade plan based on my projections and the many wave count scenarios that I worked hard on coming up with, I and my members were able to rack up over +2800 REAL pips! (see this post:
)

Well, we just added another +329 pips to that count and now have pocketed over +3000 pips on Gold in the past few months following my pre-FOMC prediction. But now that it has done what was expected, what now?

The chart that you see is showing what I believe is the tail-end of that amazing drop started from more than 4 months ago. From here, we could see a nice bounce as prices complete a large POTENTIAL Cypher pattern and also reach the MAJOR DT TL below. That area should provide some strong resistance.

PM me for longer term projections.
Comments
BGLion
Hi @EverythingForex, Do you still offering free access to your analysis for a week?
amh381
Thanks for the analysis

Whats the short to medium term view...do you see recovery ro 1145 in the short term? What about going back to 1250+?
EverythingForex
@amh381, that information is reserved for my subscribers. Sorry! Believe me, I have the bigger picture and more importantly, a TRADING PLAN for it all mapped out and ready! 2017 will be a BIG year for us as far as our trades in Gold is concerned!
amh381
@EverythingForex, good luck to you and your subscribers!!
EverythingForex
@amh381, thanks. But as you can see, luck as very little to do with it. Luck is what happens when hard work + preparation meets opportunity. My members benefit because they are the ones who recognize that the fee they pay is nothing compared to what they make in following me. Remember, the cost of loss opportunity is the greatest loss of all.
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