this pair break long term trend line and move up to 5.43 we have a little correction. it seems we have continue bullish movement. everything depend on 5.55 and if we hold a day over 5.55 we can see 5.77 - 5.92 - 6.12 and more.
alternative scenario: if we break 5.13 we move 4.90 directly.
After 5 years of the cycle, Now it's time to repeat the cycle in the 6th year. Supply gold against demand on better price.
From the formation of their angles and collision with the 6 year cycle, it can be concluded that gold would return back from the 1237 range.
On December 12, 2018, a better price could be bullish. So, based on this analysis, the...
I've been looking for gold and i find something that i don't attention. Every single years Gold drop till December. with technical tools gold show us 1111 as a target. in February gold getting jump. i think this years happen and repeat the cycle again. So, i decide to close buy position with lose and waiting for December. becareful, Buy without trigger is...
It seems gold move and respect with trend-line as well as. So, how could be true this analysis? it depend on tomorrow NY morning in NFP.
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