FX_IDC:XAUIDRG
IF volume declines and breaks the fibo 0.5; it would be a nightmare for gold.
Fundamentally, gold has been massively collected by some major countries in the last few years. If they got an economic crisis, such as China with Evergrande, they would sell Gold as one of their assets to stimulate their people economically.
#greedycreatesdecentralized
Soooooo, you know when there's one person in the room that says something crazy.....well I'm possibly about to become that person.
My previous post about the long short on the USD/JPY still shows that there is still a little bit of way for the USD to climb before the drop. So, this took me to the gold chart, and here's where we are at present. I have had this bat...
as you can see gold was going long for 3 days without any retracement. and now we gold is trading inside a very pivot zone and we suggest to sell it for long term from here
Hello PIPPIN TRADERS!!!!! My personal outlook on GOLD. The structure is moving correctively upwards...that means the BIG GUYS are preparing to make a sudden and huge move. HAPPY PIPPIN!
There is a big chance for gold to not break the major trendline.. this price action / channel line is strong enough to pulling back gold until now.. area beetwen 1827 - 1816 has to break down to confirm gold will continue going down.. if gold can hit 1824 there will be the confirmation of double top pattern and chasing the strong support retest at 1680..
will USD...
GOING FOR SHORT IN GOLD SELLTHINKNIG WE ARE GOING FOR HARD ROCK FALLING SO ALERT WATCH OUT YOUR POSITION WITH THAT AND MANAGE ACCOURDING TO THAT LEVEL SELL GOLD AT 44750-755 KEEP SL 44815 KEEP TGT 44590
