EddyCJR

EddyCJR

In the morning,gold try to above or below the range that between 1814-1807. if you are max short-term basis investor,can work this range. once breakthrough 1807,it really go back 1800.on the contrary,above 1815,gold will test 1830 on its best. 1.but stop 1815 tp 1822-25,st 1810-09 2.sell stop 1806 tp 1801-1799,st 1811-1813 3.range maker 1807-1813

EddyCJR Updated 

Stronger bullish power.Be careful! In my opinion,the power really strange.So if the long position sell gradually, gold will reverse bull market in some time.

EddyCJR Updated 

In 07 jul 2020,Gole exactly complete "ABCDE",so from my point of view,most of wave analysis or chart patterns analysis does't work. During last night,gold failure to cross 1796 more than one,i guess will be a middle class bear power in the next period times. so today tactics: short 1795,target 1780.(manual) st 1807 or 1808 tp 1788

EddyCJR Updated 

In this moment,gold really want breakthrough 1780,but more and more investor set long position in 1780-1782. Protect from st 5-8 point,i will set my long position in 1775 or 1770. if i make mistake,gold reverse to1785 from 1780,which may bullish market.

EddyCJR

wait for a day. bull market for 1780 bear market for 1758 At this moment,more lower price,more buy(tp in 1785 )

EddyCJR

today may be a peaceful day. To see the next week,according to the "ABCED" and fibo(draw in last week),the gold stop for a while to get more bullish power. Unfortunately,non-farm payrolls report amazing that is the best in 2018,the gold go down slowly.And stronger reverse to1778.

EddyCJR Updated 

now take a wait and see. but,i still tend to short gold because it go down to 1767.27(fibo 0.382) three times in 4H chart.

EddyCJR Updated 

today strategy short price 1752 ST 1757 TP 1746 the frist breakthough that i think it fake in 1747 In the morning in china gold rush to 1760,but go down with shrong power. so draw a conclusion, i short in 1752 which under fibo(0.382) 1754,and tp in fibo(0.5)1746.

EddyCJR Updated 

buy 1745 sl 1739 tp 1750