short term
hi everybody. I want to explain to you my idea on my chart.
Now, vertical aqua line showing us fomc meeting (I didn't draw the last one) you can see after the meeting price moving.
About blue dot line is giving us RSHS (vertical blue line target, if it is run).
For the two red line, you can think about those to line is like a little channel and now gold price swimming in those little channel :) (not slim red channel, thick one) so gold price must stop the swimming :) and it must turn the flying channel (slim red channel). It must be bird not fish :)
And now I'm coming to big picture. you can see big SHS. I didn't draw it's target but you can understand easily at the first look.
So, according to me on the chart will run before RSHS and then SHS. RSHS target max.1300 (it can turn purple line) then SHS will run. just watch and remember. Good luck!
Note: Sorry for my english if I did some mistakes.
Now, vertical aqua line showing us fomc meeting (I didn't draw the last one) you can see after the meeting price moving.
About blue dot line is giving us RSHS (vertical blue line target, if it is run).
For the two red line, you can think about those to line is like a little channel and now gold price swimming in those little channel :) (not slim red channel, thick one) so gold price must stop the swimming :) and it must turn the flying channel (slim red channel). It must be bird not fish :)
And now I'm coming to big picture. you can see big SHS. I didn't draw it's target but you can understand easily at the first look.
So, according to me on the chart will run before RSHS and then SHS. RSHS target max.1300 (it can turn purple line) then SHS will run. just watch and remember. Good luck!
Note: Sorry for my english if I did some mistakes.
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