Harmonic pattern and confluence appearing; above highs- may trigger some reprieve for bears to return to normal functioning price level into the new year.
A short against trend. Some relief to collect more demand interest in the block where the target sits that should help propel Gold further.
Overly accelerated and fuelled by bull SLs. Algo's exacerbated this fall. Looking for reprieve and confident that we can return back to range.
Pennant break. Large Supply Area respected causing price to avert and rebound. Will target area of confluence below. Contrarian so SL is limited to above last price action area.
Hi, A short proposal based on harmonic confluence and price structure. We can, using Wykoff theory within a consolidating period, presume that there will be a trap below the current micro-structure. From that, there will be aggressive demand coming in from the lower demand level. This should boost momentum and catch any retail SL at this level. It will then...
1369 short- long until then.
S&P is going to reverse quite vividly. Beware of a sharp reversal of the gold pump/
Wolfe Wave + Supply and Demand + Fib rejection + harmonic pattern. Way too much technical confluence.
End of this big bubble.
Hi there! Long time since I posted on TradingView. USDCAD will be my first point of interest. Technicals support an upwards correction and fundamentally, this downtrend needs reprieve. Any questions, feel free to comment below.
Loading up on gold shorts. I feel as if this is the final nail in the coffin to the metal that has endured years of manipulation and misallocation.
There are a host of fundamentals to support a rebound