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GOLD BULL
Feb 13, 2020 at 06:14
Medlem sedan Oct 23, 2018
29 inlägg
Last time i looked at gold (not on here) it was sat at the support area of 1550 area. suggested it could move from there and price has since moved up a couple of hundred pips.
You can see it has bounced from the 0.38 fib a few times, which shows that area is strong on the daily TF.
Whats next? Well i dont know for certain but could we go up to form a triple top? who knows but look out for the top around the 1587 area.
We could then either get a retrace to the 0.38 fib again or even deeper to the 50% rest stop or to meet the .618 and trend for multiple confluences before a gigantic push up. Remember buy low sell high. Look for the spots dont trade in the middle and get caught out
You can see it has bounced from the 0.38 fib a few times, which shows that area is strong on the daily TF.
Whats next? Well i dont know for certain but could we go up to form a triple top? who knows but look out for the top around the 1587 area.
We could then either get a retrace to the 0.38 fib again or even deeper to the 50% rest stop or to meet the .618 and trend for multiple confluences before a gigantic push up. Remember buy low sell high. Look for the spots dont trade in the middle and get caught out
Medlem sedan Feb 12, 2019
105 inlägg
Feb 13, 2020 at 06:24
Medlem sedan Feb 12, 2019
105 inlägg
Looking like a triple top as you've pointed out .A drop to the .38 Fib would be a nice move downwards. Either way il try not to get caught ranging !
Medlem sedan Apr 09, 2019
538 inlägg
Feb 13, 2020 at 20:05
Medlem sedan Apr 09, 2019
538 inlägg
With the impact of coronavirus I think a triple top is likely. Once they get it undercontrol it will probably coincide with a dump to one of the key levels. I honestly wouldn't be surprised to see the 0.5 or even 0.618 level reached before a massive rally
If you can't spot the liquidity then you are the liquidity.
Medlem sedan Oct 17, 2018
103 inlägg
Feb 14, 2020 at 21:29
Medlem sedan Oct 17, 2018
103 inlägg
Think the corona virus has has an impact but i will be looking at the sell for monday to sell the triple top. the back in for the buy for the next bull run!
Medlem sedan Oct 20, 2018
300 inlägg
Feb 16, 2020 at 15:49
Medlem sedan Oct 20, 2018
300 inlägg
I`m seeing like 38.2 test before some good gains again.
momchil_slavov@
Medlem sedan Aug 16, 2011
110 inlägg
Feb 17, 2020 at 07:24
Medlem sedan Aug 16, 2011
110 inlägg
In my opinion the shorters should be very careful at the moment.
Look at the trend-line break on silver...
Whilst generally silver moves tend to lag gold it could be the other way around for a change.
Given the economy, debt, virus and raging stock markets I would be surprised if we see gold below 1500 in the near future.
A logical trade would be the triple top, however we are not in logical times.
Medlem sedan Oct 20, 2018
300 inlägg
Feb 23, 2020 at 22:10
Medlem sedan Oct 20, 2018
300 inlägg
I thinik it`s a time for even a small correction for the next pump after it.
momchil_slavov@
Medlem sedan Jul 22, 2013
216 inlägg
Mar 17, 2020 at 10:23
Medlem sedan Jul 22, 2013
216 inlägg
possible revers - 261 fibo after time - 1450 ...
(up to 1600-1700)
plan B -
if price hit 1420-1400 - possible next trgets -
1300
1200$ ...
===
SNF-Complex system - build in 2007 \ Tested from 1970.
Medlem sedan Oct 20, 2018
300 inlägg
Mar 22, 2020 at 16:37
Medlem sedan Oct 20, 2018
300 inlägg
SNF_Complex posted:
possible revers - 261 fibo after time - 1450 ...
(up to 1600-1700)
plan B -
if price hit 1420-1400 - possible next trgets -
1300
1200$ ...
===
This W4 chart looks very promising.
momchil_slavov@
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