Gold...What's Up?
I Calls Em As I Sees Em.
This is not a popular idea...Ask me how I know. Ha Ha
This is a MONTHLY chart. Take that into consideration.
I've been tracking/anticipating this trade for months. I believe I am at the point of taking this trade.
Risk is well defined.
As the chart illustrates I think we are now entering the acceleration down phase of the large C wave which will terminate around $1300-1400 area TBD.
I'm including a shorter term chart which show the junction of price with the channel line of the broken bull channel. This is occurring at the channel .786 Fib level.
If the price climbs back into the bull channel I will consider the trade busted. For now Risk-Reward is optimal.
This is not a popular idea...Ask me how I know. Ha Ha
This is a MONTHLY chart. Take that into consideration.
I've been tracking/anticipating this trade for months. I believe I am at the point of taking this trade.
Risk is well defined.
As the chart illustrates I think we are now entering the acceleration down phase of the large C wave which will terminate around $1300-1400 area TBD.
I'm including a shorter term chart which show the junction of price with the channel line of the broken bull channel. This is occurring at the channel .786 Fib level.
If the price climbs back into the bull channel I will consider the trade busted. For now Risk-Reward is optimal.
Anmerkung
Adding a fork to the monthly...Anmerkung
Anmerkung
I'm looking for one more rally with failure at the TL....
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.