SleekGeek254

SleekGeek254

We have broken down the upwards channel and NFP being tomorrow I have charted my prediction of the expected move tomorrow

SleekGeek254

Here we have seemed ot for a new channel after the downward channel broke last week Thus creating a new 5 wave correction or one simple ABC up yet to be determined completely when we get to 1790 if we break down next to the question mark after the 1790 bounce then we will begin the journey to 1600 but if we bounce on the channel we will head up to create a...

SleekGeek254 Updated 

LONG TO 1790 before we get the Drop we deserve to 1600 MEGAPHONE ABOVE THE CHANNEL THAT BROKE NEXT LEVEL TO SELL IS 91-87 Buying levels are 1755 and 1745 loading to carry all the way to 1790

SleekGeek254

Here is my long term projection on gold short.... right now we are on the way to the 50% fib and the 61.8%...i am not quite sure which will be bottom Because the 50% is at 1600 and the other at 1520....waiting for price action @1600 to see what will happen will update accordingly

SleekGeek254 Updated 

SELL setup at the 60 level is coming to play.... We have a potential H&S forming....this week might be the time we form all time lows

SleekGeek254

The FOMC played out as expected showing us the true trend only that it accelerated it So after the correction to the 1777 area we will no start the proper journey down... So expect 1600 soon now...

SleekGeek254

We will rise up slowly to the 1788 level for FOMC to dump and make new lows... Trading FOMC is easy just wait fo rthe spike then enter sells like you own mt4 platform

SleekGeek254

i decided to go through the n phase theory that i had created a while back i decided to update it according to the occurences and i believe gold will make push to the 1520's it is making a 5 wave down in a abc correction from 2068-1678 (0-A) 1678-1919(A-B) 1919-1520(B-C) it shows the detail 5 wave down on the [B-C wave we are in

SleekGeek254

The weekly levels have bottomed out and now we are on our way to on the 2-3 wave on the Elliot we will soon be above the 2k level in the next 2-3 weeks then start our journey for new yearly high The incoming bull we will have this year has to be massive to compensate for the lengthy range we had since the end of last year

SleekGeek254

This is a multi year projection of gold going to 3000 area with my N phase concepts and u bucket concepts according to the past trend on gold

SleekGeek254

Price should rally up this week imo

SleekGeek254 Updated 

We are on the las tlsg of the elliot wave the 4-5 leg to 1764-70 area that will inturn have a ABC correction to 1710 area …. Expected levels to watch are at the top of the trend lines forming an ascending triangle If there is a clear rejection at the before mentioned levels we will for sure be sent down

SleekGeek254 Updated 

With this chart shows that in the long term we expect the price to follow up to the top of the channel where we might meet resistance if not we will burst up to the 2000's level

SleekGeek254

1705 harmonic LEVEL ACTING AS RESISTANCE THIS WEEK gold has been trading in a descending triangle that that indicates it should drop do to resistance of the moving averages and the previously stated 1705 harmonic level ... the highest we can get next week is 1720 but a drop from current price to 1650 look well enough After the drop and bottom at 1650 we will...

SleekGeek254

1650 is the last extension from the B part of the abc correction form 2075 once we bottom at 1650 we will rise with mini Elliot waves till 2250