GOLD - 3 Waves Back To $2234?

23. Juli

GOLD

Ok, I've had a bit of a change of heart with GOLD.

In highest time frame I think very much that the trend is up.

But I think there may be a bit of a trap here.

Similar to Bitcoin, I don't like slightly higher highs because it can be Wyckoff Distribution.

And we've now had 2 in this area.

I'll go into more detail on this in the next video.

But I think that a larger 3 wave move may be on here down to the 1.618 extension Golden Window on the chart @ $2234.

So this bounce may go higher.

But I am reducing my position in this area.

And if i'm wrong I can buy other things.

But i'm only selling the dip buys I bought in this area while they are in profit.

The deeper buys I will HODL.

Not advise

24. Juli

Anmerkung

Dont forget to BOOST me up if you like this thanks.

25. Juli

Anmerkung

Continuing down.

I think at the very least this downtrend signals that Gold will frustrate buyers in this area.

And perhaps it will hit my target.

6. Aug.

Anmerkung

GOLD

Looks quite ugly in the shorter term here.

These engulfing bearish slumps are a sign of weakness.

And the RSI is rolling over.

I think there is a reasonable chance my 1.618 target gets hit.