pantheo
Short

$GC_F, $GC1! Possible-descenting this time- scallop in $GLD

FX:XAUUSD   Gold/U.S. Dollar
251 7 6
1275 area is key for weekly close
CONTROL WHAT YOU CAN
look4edge
2 months ago
nice chart as usual :)

for me 1272 weekly r2/bearflag/sr level could be enough, tgt 1217/1212

take care

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look4edge look4edge
2 months ago
and detail

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pantheo PRO look4edge
2 months ago
I see diamonds are your best friend:-) Cheers!
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IvanLabrie TOP
2 months ago
Agreed, I labeled a similar resistance level, 1278 and 1289.
Good luck.
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pantheo PRO IvanLabrie
2 months ago
Good, we are all on the same page! Gives confident. Or allow the other side to put a contrarian trade. Lol:-) Have a beautiful day gents! p.s. I'll check later latest CME puts and calls, if I see something worth mentioned will put it here.
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look4edge
2 months ago
similar wyckofff idea here
Wyckoff short term & long term on Gold
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pantheo PRO look4edge
2 months ago
Thanks, epic! Like Wyckoff, but can't memorise it yet. Will print it and stuck it on the wall:-) 1,337 - 1,347 zone is a bonafide short if there. If 1,240 breaks down on weekly chances are that can visit 1,180-1,215. Note that big cap miners trying to put a weekly swing, but two supply zones are above now. Maybe turned up this week, turn down the following. Choppy, that is when daily momentum is reactionary semi/bullish, weekly bearish and long term monthly bullish. The best environment to lose your money either side:-) Game zone now is 1,240 - 1,275. Cheers.
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