I believe the bottom in gold is in. It may spike to the weekly lower Gann target @ 1262, but I find this scenario less likely, but if market absolutely want this, be my guest. I set my SL @ 1261 + slippage of 0.5.
Gold is set for reversal on oversold conditions and bearish sentiment raging.
On chart is 3 interesting levels in white. Other important levels marked in green. Observe how price behaves at these levels.
It is finally time to bring in the two last bastards I have wanted to see this week; 1287 and 1303. The latter may have to wait until early next week, but 1287 is going to get captured this Friday, whether he wants it or not.
Heading toward 1321 -> 1333 -> 1348 -> 1377 -> 1400.
Good luck.
Gold is set for reversal on oversold conditions and bearish sentiment raging.
On chart is 3 interesting levels in white. Other important levels marked in green. Observe how price behaves at these levels.
It is finally time to bring in the two last bastards I have wanted to see this week; 1287 and 1303. The latter may have to wait until early next week, but 1287 is going to get captured this Friday, whether he wants it or not.
Heading toward 1321 -> 1333 -> 1348 -> 1377 -> 1400.
Good luck.
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Its Flyday! Lol. Hope bears got their shorts up their a**.
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White lines = strong resistance.
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Today...
The spike will NOT be sold.
The spike will NOT be sold.
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Price action at the 2 lower lines on chart
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Above 1st strong resistance. I'd expexted more, but i cannot control time. My targets live on and WILL be met. Good weekend