zika, swine flu, ebola virus , anthrax etc. taking adv of the madness and created a long position target $330
long, looking for breakout at apex of the triangle
bearish signal continues, looking for a break of .618 fib level which was set from a higher time frame. 1641
looking for 200 drop in gold as .236 has been fully breached.
looking for AD to breakout through .50 fib level on daily
currently approaching .236 fib
based on AD spotted an ascending triangle further confirming move higher before short opportunity from 1640 range
this is bullish sign, adding on futures and short gold
monitoring 1645 area, currently short
based on tech analysis, imho gold could easily drop $200.00 after breaking through $1620 area. I'm looking to go short after this run up
based on AD showing an ascending triangle, i'm looking for a $1570 retest of Gold and a move higher
seeing an ascending triangle to retest previous $76 high
I'm bullish on Silver long term based on potential hyperinflation I see coming in USA housing. Low interest rates, low supply and for other reasons. Currently waiting to see how Precious Metals react to key levels.
Be interesting to see if prices get raised, as it takes shares away from other fast food companies mainly Chick Fila, Mcdonalds
previous Idea posted under 1hr time frame, but this 30min time frame is the set up to the 1hr short
based on ABCD pattern i'm attempting to short oil to D leg of the previous run up. If 53.90 doesnt hold, look for short temp water fall