As trump keeps using his twitter we should be careful but still gold trend respecting its tunnel up with higher highs and higher low, last wave down where to impulsive for me to add as a wave for the bullish tunnerl. As shown on the trend u can see a box where the resistance should be if we break 1461. Monthly trend still bullish and im bullish over 2020 for gold....
Looking at a big bear trap, markets all over the world making new all time high before they getting down for their ABC waves.
Gold still looking good, got rejected at .618 but still follows the wedge pattern. Stoch and rsi looking set for a break out.
good luck freinds!
NOT AN INVESTING ADVICE.
Hey guys, as you see we see a long term chart. we are on the last wave 5 for a top at 2020 around 1870. Then we should see an retrace back to 1364.
This is my long term analysis of OMX30.
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THIS IS NOT AN INVESTING ADVICE.
looks like we are about to see usd go down. first wave is done and soon wave 2 making its c down to fibb .618 and after we will see wave 3 start and impulsive move up.
looks like stochRSI is ready for a down trend.
MY THOUGHTS IS NOT AN INVESTMENT ADVICE.
been looking at the chart and analyze it with elliot wave principle it looks very bullish for next year BUT for we need to complete the 4th wave down to the area of 1411-1420 to be completed. but in a mather of time i would say its a nice buy.
everything i say and make TA on is not an INVESTMENT ADVICE. We all make our own decision.
As i make this TA i would say Gold should turn up to somewhere around 1540. Gold is almost over sold as you can see at the low RSI on almost every hour chart. If i look at Daily chart we still acting normal, RSI moving sideways and is still strong. So overall GOLD is about to make the next move.
This is not a trading advice.