Gold is at a significant cluster of fibs in the 3100 area.
Good possibility of a pullback from here down to 2964.
Best Guess for current wave's EndPoint is at $3100.76
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Good possibility of a pullback from here down to 2964.
Best Guess for current wave's EndPoint is at $3100.76
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Note
Break and Retest underwayZoom in a big (m15)
Very clean PIngs (exact hits) on the upper bound.
3100 is round number but the fib is what called it.
If it falls through, the two fibs below are MUCH stronger.
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Trade active
PLUNKWent a little higher than our target, but then a BIG Drop.
It should bounce a bit here.
I will post another update or new Idea soon.
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Trade closed: target reached
Target Hit!Exactly as titled "dip to 2964 on the way to 3322"
Closing longs here, see if we get a dip next.
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the Golden Ratio is my Religion
the Trading View is my Nation
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the Trading View is my Nation
the Moderator Tag is my Flag
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.