The market is nervous , but I feel it will hit again the lowest millennium line in month 8 before everything turns around. Before down it will reach 1.1575 0r a bit higher , keep your sl out of reach of that .
I HAVE ANALISED THE LONG TERM CHARTS AND THINK IT WILL GET ON 24$ AROUND THESE DATES ....
Logic in the green channel , and manipulated prices on oil......
Lets see what happens , but if I don't mistake even in 2016 we will hit 960 USD and in 2024 baby even around 600 USD
This is what I think wil happen , keep the TP a long way away ,,, I keep it on 108 for the long on 116
I think it will touch the mileniumline again in the begin of April , thats where I go long .
I think the markets will drop in general till 2018 May , that fore the gold needs to drop to .
The Brazilian economy Bad in the world news bad for investors , at the moment so just wait a bit till around the end of 2016 - 17 when they hungered out .
Considering the longterm monthly chart for me it goes down till 1.33 and than up again
This is the weekly chart of the same
There is a genuine movement every 15 years , the balance between the richest countries , Eur down now and will go up in two years after the lowest around 1.05 in month 4 or 5 and will reach a hight around 1.4 in about 2 to 3 years . Take your time , don't get nervous !!
After the outcome of today , think we go down again
Can be long or short already thought I think there are still some monkeys in the sleeves , so around march I think the top is reached
Just working on recocnising curves trying to for see .
The charts aconpany curves , not strait lines , thats why they always break .