70% chance 25bps cut rate 30% chance 50bps cut rate source www.cmegroup.com
i make this idea just to measure bullish impulse make by Trump twit post, JUST FOR FUN
if gold want to reach 1483 area, gold won't drop anymore, it would try to reach 1483 because 1453-1483 30 point, while 1438 - 1469 already 31 poin
bearish bats pattern detected, retest 1433 first if break down target 1422 area
we going bear for a while, after that bounce back by bullish divergence and going up
bear or bull, next range would be higher high or lower low
finished mini bearish impulse from fed, corrective wave first
carefull with the SL because today would be volatile like 29 july + SL hunt
i'm bullish for 29 july, with no sign of bull, i will switch to bear at 30 july
29 July definitely Bull, bear if break 1401, also bear if break 1412
29 july should be bull last chance, if we break the support line we will see bearish impulse to 1395
i cannot predict if we will hit above 1450 or we hit under 1390 i'm not pro with bear or bull impulse