It's been a while since i posted , but never been out of the game . Share my next trading idea for next week on this asset .
Safe place to short , until 1756 then long for a while .
This is my prediction price action on Gold . Short and then long . Waiting for a good entre for long .
Waiting for confirmation brake to the upside or down side to make the trade valid .
Re-test of the golden zone in effect . Half a percent
Here`s my play by play on gold , long term Target price is 1780
the whole market is weak... personal observation Gold is in a falling wedge
Patiently waiting for the breakout . Big move ahead
Reaching for another wave ... lets see . Currently at the last wave up , might got for a retracement afterwards
Readjustment of the wedge , we're on track for down wars trajectory.
Well the new moon is tonight , BTC is headed right into resistance . Higher probability to the downside .
Return back to the 200 moving average . Return back to the 200 moving average . Return back to the 200 moving average .
Are we ready for a breakout , time will tell. either way we going to earning anticipation!
My favourite pattern is showing up again !
Log view showing something different , still ways to go in the bigger picture
sitting on the golden ration , ready for take off