Gold _Spot / U.S. Dollar _ Quarter_ 3_ Prices _ Under _ Trading _ Venue _ OANDA.
As expected we managed to be be ahead of the market based on my previous post! Now we do the backward data calculation using previous year mid between May, 2023 then engineer them with lower data of 2024 and will bring the market for a new support confirmation.
Retest must hold within the following key level:
$2,195.857
$2,242.286
$2,265.286
_____________________
Then we will be excepting the following prices:
$2,297.461
$2,308.744
$2,364.131
$2,385.871
$2,390.206
$2,407.059
$2,437.217
$2,466.216
$2,523.053
$2,542.773
$2,532.333
$2,555.258
$2,587.306
$2,612.118
$2,620.502
Next Distribution price:
$2,692.240
$2,839.359
$2,918.395
Final Distribution price: $2,998.101.
___________________________
Gold Economic Cycle will end from here as market will require a new cycle of economic range of data! Meaning we will be descending to the following prices:
$2,70.583
$2,56.195
$2,026.813
$1,990.589
As expected we managed to be be ahead of the market based on my previous post! Now we do the backward data calculation using previous year mid between May, 2023 then engineer them with lower data of 2024 and will bring the market for a new support confirmation.
Retest must hold within the following key level:
$2,195.857
$2,242.286
$2,265.286
_____________________
Then we will be excepting the following prices:
$2,297.461
$2,308.744
$2,364.131
$2,385.871
$2,390.206
$2,407.059
$2,437.217
$2,466.216
$2,523.053
$2,542.773
$2,532.333
$2,555.258
$2,587.306
$2,612.118
$2,620.502
Next Distribution price:
$2,692.240
$2,839.359
$2,918.395
Final Distribution price: $2,998.101.
___________________________
Gold Economic Cycle will end from here as market will require a new cycle of economic range of data! Meaning we will be descending to the following prices:
$2,70.583
$2,56.195
$2,026.813
$1,990.589