This should be the right chart
I am still bullish and slight neutral on Gold. But I have not make up my mind on any entries yet. I am expecting purple zone when PA might show a rebound. Will follow "look and see approach".
Final hours of the week. I dont expect much.. I am not sure.. but we shifted our SL to 59, so if it hits, it hits. We have a good run this week. No losses. For the main story, follow my main idea.
UJ has enjoyed an upswing, its time to correct at least to 61.8 imo. And UJ just broken down multi month range of 500 pips! This breakdown will be massive. All rallies has to be shorted.
I still believe UJ will continue to slide up to 106 area possibly at the 618 at the major uptrend. Then we will see what will happen there. See more on my main Ideas.
This is what I am looking at for the next few weeks. All our position is running great! Please refer to my main Ideas.
Gold still on uptrend channel (both white) and hasn't visited the top channel (red). But now gold is resting on the middle channel (purple). This is a good long swing. Take note this swing may take weeks. Dont put too high position. SL is below the minor trend line (faint white) I have decided to put it around 1230 upon solid 1D candle close. (Just below the...
Pls refer to my main idea for explanation