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Gold Spot / U.S. Dollar
Short

Gann ideas

By eshemuta
Updated
Using dates and prices and revolutions of full circles Gann was able to determine highs and lows. I have no idea if any of that is correct, there are so many variables, but, this is merely an idea forum. On the chart are my thoughts and if anyone wants to comment please go right ahead! GLTA!!
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I should note the chart scale is 1 bar = 5$.
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Looking at a up channel created by the two double bottoms and a target of 1942 ish
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snapshot
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Long until May 24 (1940 ish), then short until Aug10 1640 ish), then Long again until early Jan 2022 (2150 ish)
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i'm a bear normally but that upchannel bounded by the 45d angles really peaked my interest, and the geomtery lines up with a trend line that breaks price.
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Updated the date for sideways trading into April 2022
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Gann
eshemuta

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