coachsoyeb

coachsoyeb

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coachsoyeb

tfj

coachsoyeb

looking at the monthly chart gold could possible melt down to 1460-1470 ! before it makes another move back up just my analysis for future notes

coachsoyeb

we may have a final bullish month before we see a reversal take place .. gold has also been melting due to the us10 moving bullish since august 2020 question is how much more can gold melt !!!

coachsoyeb

trade can go either way we just have to wait for the market to move in its direction .. last week the market closed on a strong sell off for over 500 pips which may cause the market to consolidate or give the buyers a opportunity to jump in

coachsoyeb

ive analysed and calculated majority of golds move the last 6 months behind the scenes.. i might start sharing soon how to catch 200-400 pips on each move

coachsoyeb

vv

coachsoyeb

bullish

coachsoyeb

upside down head and shoulders taking form on the daily timeframe leading us to a up swing

coachsoyeb

its been a choppy few days looking at the daily candles we are finally in a trend ! hoping to break 1863 and take it up from there

coachsoyeb

looking at the daily candles it looks like we wont be dropping and will be making moves towards 1889

coachsoyeb

key levels where gold will drop towards are marked red

coachsoyeb

IF THE CURRENT CANDLE DOES NOT BREAK THE SUPPORT BARRIER IT LOOKS LIKE WE WILL BE LOOKIG AT A STRONNG BULLISH MOVEMET. IF IT BREAKS THE SUPPORT WE WILL BE HEADING IN A BEARISH MOVEMENT. TIME TO BE PATIENT AND WAIT FOR THE CADLES TO MAKE THE MOVE

coachsoyeb

as the way the market is looking the resistance has been doing its best to keep the bullish momentum down. if the market goes bearish we will see the price drop down towards the support level at around 106.800 or below.