My long entry to be near 83.26 or buy on dip, target 85. If breaks and any day close above 83 then my target is 92
According to my waves this is wave 5 top... But suffering a bit. 1700 SL. Current 1685 is strong priceaction levels. Might reverse. It Should. A breackup (day close above 1286) will take gold to a new higher level.
We might see some bearish track on the Markets on March... Why? Lets see how markets react to WHO knows what
According to my ideas we are at top of wave 5. Expect 3 wave down Sl above 1700.
Today received email of some huge requirement for Silver. 50000mt for China. Left me thinking why? Or why now? Chineses loojing for this? Chart look pretty bullish. 200% ROI? At least Silver is cheaper than gold, mighr be good moment to buy some physical to keep stored.
I would buy from bit lower next week targeting 1100.
Might come down from current 110.715 Stop at 112.500
Only below 1.079 we might see 1.076 and lower. 1.07576 might support this week. If so, bwtter close shorts and wait for week close or might be good to a buy trade there.
My Outlook for this next week is to sell above 119 or close to it with target 118.
Long from 51.2 Target 54.4 with stops at 49
Following short idea previously, we can start buy on dip now 1.079 then 1.075 SL 1.070 targets 1.09 and more