Third hyperbolic wave complex
Updated
We are in the third wave of a smaller degree pattern thats complex
This is the third wave of a third bigger wave
2452 is the invalidation level
Its support is 2450/2447.91
Below that you saw sharp declines but the 2440/2442 which is actual support for this too up to its supposed target 2485/2530
Remember mn to 6 months is still heavily bullish
Retrace movement's can be bought at dips
2400 turned support again while 2480.28 keeps strong resistance for a third time
Break will be in this months week if not I'll have to wait on news or overflow on bears.
Bears won the double trap at 2475/2459
Pattern looks still billish as I said but now bulls are weak as sl for sellers is a possible tp a 2461/2469
Sellers want 2432/2337.10
News is the only thing that can favour selling below mva 50 2459.88
Sellers from 2460_2450.30
Buyers 2575_2455.5
Ranged market
Daily indecision candlestick bullish close
Weekly to 12 months bullish closes no retest of 2200
Target 2500/2900 lastly
1.5 million an 0.z 20 years
2025/2026-2037 somewhere there 5000-1000k
This is the third wave of a third bigger wave
2452 is the invalidation level
Its support is 2450/2447.91
Below that you saw sharp declines but the 2440/2442 which is actual support for this too up to its supposed target 2485/2530
Remember mn to 6 months is still heavily bullish
Retrace movement's can be bought at dips
2400 turned support again while 2480.28 keeps strong resistance for a third time
Break will be in this months week if not I'll have to wait on news or overflow on bears.
Bears won the double trap at 2475/2459
Pattern looks still billish as I said but now bulls are weak as sl for sellers is a possible tp a 2461/2469
Sellers want 2432/2337.10
News is the only thing that can favour selling below mva 50 2459.88
Sellers from 2460_2450.30
Buyers 2575_2455.5
Ranged market
Daily indecision candlestick bullish close
Weekly to 12 months bullish closes no retest of 2200
Target 2500/2900 lastly
1.5 million an 0.z 20 years
2025/2026-2037 somewhere there 5000-1000k
Note
1'35% up now anything can happen
Monitoring 2470 2497-2500
Expecting slow choppy climb into new year 2800
Another 300+-$
Note
4501.87 below can correct price to 4495
Important support 4485/4475
Note
Price seems bearish. Many selling at the top. Buyers gave away momentum on daily TF I see a drop to 4423
This is what I dont like unexpected turns that become trend reversal for now ill move sl to 4480 for hald profits
Note
4505.88 key resistance needs engulfing close with 4510
Aim 4530-40
Or 4800/4900
Sellers below 4500.20
Aim 4494.60/4472/4420.78
Trade active
Buy order opened 4505.57Note
I'll exit soon price rejection is to much.
Sl for now 4486
Note
If we see 4550 this week I'll hold to 10 k like I said as my eyes on 1.5Million an oz but that may not be in my life time unless things pop of or we move into a new form of money or reset like the 2008 financial global year when inflation hit most people poor or a major setbackNote
3000$ year end target and start off as price of high but we will compare 2018/2019 with 2023/2024
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