Will we have a double top?
-Based on SETUP, the price of gold reached the SETUP “FIBO Triple Golden” region on the first pivot point high after bottom formation at $1617.
-But now, what will happen? If prices really do pursue the $$ 2060 region theorized in this analysis, we could see a double top. For me, where there is a double top, there will be a test at the previous bottom ($$ 1812).
-Will the theory I mentioned above happen if prices don't stay above $$ 2060? See you soon!
-A view of the second high pivot indicated by SETUP. The SETUP already indicates that the trend is losing strength, so it is likely that we will have a double top!
-The daily chart is on the verge of pivoting down towards the long average at 1810. Is this possible? Omg!
-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other graphic reviews!
-But now, what will happen? If prices really do pursue the $$ 2060 region theorized in this analysis, we could see a double top. For me, where there is a double top, there will be a test at the previous bottom ($$ 1812).
-Will the theory I mentioned above happen if prices don't stay above $$ 2060? See you soon!
-A view of the second high pivot indicated by SETUP. The SETUP already indicates that the trend is losing strength, so it is likely that we will have a double top!
-The daily chart is on the verge of pivoting down towards the long average at 1810. Is this possible? Omg!
-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other graphic reviews!
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