salamatafarin

salamatafarin

Previous Fork Analysis in 4h view

salamatafarin

if Midline of Andrew pitch-ford Fork cannot support the price , it can be down to much lower price such as 1139

salamatafarin

Andrew pitch-ford style fork analysis : scenario 1 =>if this support on 50% of fork break down , target would be cross section of fork mid-line and support line around 1.092 (support line itself is trigger line of first Fork witch makes it very strong ) scenario 2 => break down support would directly lead us to 1.086

salamatafarin

In my opinion gold rally is constricted to a long DESCENDING triangle . the most resent wave is gong up to 1255 and in that position further analysis is needed .

salamatafarin

trend line failed and price going to second trend line

salamatafarin

In My chart settings , Dollar index pull back to it`s daily resistance is done and now ready to decline .