salvanost

salvanost

based on 5 minutes and 15 minutes ma, likely to retest 93 based on 30m ma likely to retest 73

salvanost

dxy retrace up = gold retrace down

salvanost

on my previous ideas I said it could be flat correction as long rejected from 78-86 so this wave down to 68 (ideally rejected here) max drop to 65.4 bullish ideas to 1900 still safe what if under 64.5 broken down? 1. possible flat correction on bigger time frame (which is annoying to predict) 2. bearish wave down to 183x

salvanost

the bigger pattern the flat correction with max 1886-1888 rejection I'm not bear person, but must tackle this 1880 and 1888 resistance first to hit 1900++ as target

salvanost

note: better don't short here, rarely I seen bullish crab formed perfectly if really rejected at 1831 then see it as a reversal signal

salvanost

if rejected at 1878-1886 then possible bearish trend continue to 1817

salvanost

under 1845 must be patience... could down to 1840 wedge break out good to bullish again

salvanost

could sl hunt to 1862-1863 BETTER BUY at ABOVE 1878

salvanost

the lowest price could reach 1863-1871 as long 1935 or 1947 strong I believe gold will drop to 1817

salvanost

could be fundamental news for bullish gold monitoring 92.7 support

salvanost

please share if you got a weekly bullish chart, thanks

salvanost

above 1902 = hidden bullish divergence with target attempt to break up 1995 under 1902 invalid, but there is another hidden bullish divergence by 1860

salvanost

indicator bottom, monitoring 94 i believe bullish above 94, but finger cross for now, still anticipating recession after election

salvanost

could go to 1984 then if rejected go down to 1877 then bounce up to 1922 (or 1913?) note: this analysis based on triangle movement only the bigger flag (red one bull flag, really hard to predict) I still believe WEEK 1 October 2020 as the most bottom price before targeting 2140-2180

salvanost

long term bullish... under 1974 bearish but carefull must wait riot on USA end first before bear again

salvanost

I hate bear chart, really hard to reach the target must be wary of bull strike back after 1860 rejection or 1800$ hit and last bear timing at week 1 Oct 2020, dunno what will happen at 5 Oct 2020 after that, I would bullish until Feb 2021

salvanost

note wait wave 2 retest 1915 with SL under 1913 1958 strong resistance too could take profit around 1953-1958 1948,1958,1968,1978 also important under 1908 I'm out, pattern invalid

salvanost

SL 1920, invalid if under 1920 if under 1920 i'm out