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$GOLD about to collapse? it certainly looks weak, the incoming death cross and the exhaustion of the run up together with the rise in stock markets tell me we are going down. What do you all think?
Sequential 9 on the 15 min and setting up for a short term reversal
Sequential 9 indicating the end of the climb, testing resistance at the MA, i think we will eventually cross it but after this short term correction... HODL
Time will tell, but im bullish on this one, as markets colapse and gold hits its top BTC seems like the alternative here, fingers crossed!
Following the sequential nine expect a strong correction to the downside.
good chances of dropping to at least the closest MA!
We are forming a inverted head & shoulders that could bounce us to around 5k level, expecting a dead cat bounce from there that could take us to new lows in the first quarter of 2019
There is a chance markets create a dead cat bounce which could trigger a weekly correction in gold to then take us to new year highs