Gold Futures Bullish vs Bearish outlooks

10 ביולי 2018

After reading an analyst's conclusion that there was no bearish scenario for gold (after a trend-line bounce on the 3rd of July) I thought it may be worthwhile to have a look myself. My belief is that there is always a bearish and a bulish view, certainty has little place in markets. Here it is for whatever it is worth - solely an exercise in technical analysis.

I am not an industry professional etc etc.

10 ביולי 2018

הערה

A 1.618 extension of wave (v) would be very close to a 1:1 extension of wave (A) down. Now, if I can see how to add charts to this idea I will add additional explanation to this bearish view and also a bullish view.