GOLD Plan Your Trade 7-31 - Gold Reaches Upper Flag Channel
Prepare for Gold to move into a consolidation phase lasting 5 to 10 days before moving higher again.
The next upper target area is $2560++.
Watch this video and consider what I see as a structural Flag formation.
Gold will continue to attempt to move higher - but it will do so in structural price waves.
If you are holding any open long positions, be prepared to protect those positions as I see Gold flagging sideways (attempting to contract downward) in about 2~3 days.
The current upward price move appears to be over.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
The next upper target area is $2560++.
Watch this video and consider what I see as a structural Flag formation.
Gold will continue to attempt to move higher - but it will do so in structural price waves.
If you are holding any open long positions, be prepared to protect those positions as I see Gold flagging sideways (attempting to contract downward) in about 2~3 days.
The current upward price move appears to be over.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
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