GOLD: Get ready for the Perfect Storm
Updated
Bulls gathering at 167x-1705 range. Full correction sequence is matching with 2019-11-11 and we look like experiencing the last phase. Confirm if price is insisting over 1708-10$ and do not miss the herd.
It is highly likely doing the larger version of 2019 correction sequence, not 2015 exactly as I was (still partially) thinking before.
(looks pretty similar, actually they look same but different market conditions and scale)
Enjoy.
It is highly likely doing the larger version of 2019 correction sequence, not 2015 exactly as I was (still partially) thinking before.
(looks pretty similar, actually they look same but different market conditions and scale)
Enjoy.
Note
Key confirmation points:- We don't expect lower low anymore than 1676$.
- Our breakout point is -to be on safe side- 1760$.
- Confirm price is paralyzed in current channel with Higher Lows.
This time it'll try 2015$ most probably, where it left the Doji during August'20.
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