this chart is almost like XAUUSD.
I say its definitely on the rise, but not looking for reversals until it touches this red line...
also, check out the 4 hr for possible support.
Nice cup and handle with bull div and flat ichi cloud price magnet
entry from 1950-2050 good imo, should hit target within days. I also feel target at 4100 area is safe as 4200 was good support
should be headed for target within days
I think we will retest the top, don't know where exactly, it's like catching the knife but that we will. I placed my bet at ~0.023
And then we go to 23.6% fib to knock knock the support to return to the actual bubble which should happen.
Remember this whole thing looks like a first selloff of the bubblle cycle.
Could go either way here, but i am swaying to the short side more than long! I will come back to this Monday
Target 59-58.30 area
Edit to add: I love this VPVR Indicator. Great visual
GOLD IN MY PREVIOUS POST TARGET 1220 AND LOWER MAKING ITS NEW HIGHER LOW
XAUUSD SEEMS TO BE HOLDING FIRMLY ABOVE 1200 SUPPORT ALONG WITH A BULLISH ENGULFING REVERSAL PATTERN ON THE DAILY
WILL REACH 1300 AND HIGHER!
AWAITING A PULLBACK TO 1239-1240 WITH THE 50EMA AND PIVOT SUPPORT TO ENTER LONG
Short term Long: Long at 2063, tp at 2076, sl at 2060
Long term Short: Short at 2080, tp at 1640, sl at 2140
Here's the movie link:
kat.cr
extra fun, thanks to quandl, don't know you, but nice idea...
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