I think we could finish wave 4 (or b) this week, so pay attention to prices between $ 1282 and 1280.
If this support stays, then we could see further rising courses.
If this support stays, then we could see further rising courses.
הערה:
At this moment I thank the person who gave me that one like for my work.
But more likes would - of course - be much more enjoyable ;-)
But more likes would - of course - be much more enjoyable ;-)
הערה:
As long as on Time Frame H4 the SMA 4 stays above SMA 14 I would not short gold.
Blue circles should gold still reach even if it drops a bit again.
Blue circles should gold still reach even if it drops a bit again.
הערה:
First Target reached!
הערה:
Next Week could be short 1324,41
הערה:
Gold will be ready for short in the same time when USDJY is ready for long.
For orientation here's the USDJPY Chart - posted on March 8th.
For orientation here's the USDJPY Chart - posted on March 8th.
הערה:
March 7
and now
הערה:
I go short at 1326
הערה:
At 1326 it would be the second short.
One Position short was already activated at 1324.
One Position short was already activated at 1324.
Condition: no break and close under 1280 on a weekly basis.