Hm987

Hm987

Gold just did absolute madness today i did say yesterday that if gold broke 1835 to hedge or close out shorts. RSI’s upto daily are all in overbought so i expect a drop to 1840-1833 with my personal target of 1833. From there i expect a bounce for gold to push to 1880 and higher but 1880 would be my first TP. I would like to note after looking how gold has been...

Hm987

Gold is in a very crucial point now, it could drop from here or breakthrough and start a bullish run. Personally i see gold drop to 1775/1780 from here but the possibility is there we could go higher. If we break 1835 i would close all shorts or if you have the free margin to hold then hold and hedge to 1850/1860 and see how it reacts there. Tomorrow we have news...

Hm987

Gold is sitting just on resistance. H4 is in oversold aswell as H1 and M30 being in oversold on rsi. I see gold dropping from here and everything is pointing to a good drop. If gold does breakout from here which we should consider i can see a big bullish run as gold has broken out the triangle pattern its been in for a while now. As of now my game plan is holding...

Hm987

Looking at 30 min and 1hr rsi being in oversold since friday aswell as divergance i am expecting a good drop in gold very soon. Price could drop from where it is now or could go to 1830/1835 before dropping to 1790 minimum. Yesterdays idea was on point so hopefully this plan keeps following through.

Hm987

I believe gold will go down to 1809-1811 area before going to 1821-1824 where it should hit resistance and then fall to areas marked on graph. Leave a like and also this is what i believe so do your own due diligence.