Gold NOT Ready to Take off
I don't believe this spike on Friday !
Mega Daily Triangle blocked by Ichimoku Cloud and Montly Resistance and ready to break ... DOWN.
We might bottom on Full Moon again ;) 3rd December and could push prices higher to our dreamed 1400-1500 mark once US rise rates on December.
Important Dates:
22th November --- FOMC Minutes
29th November --- GDP
8th December --- NFP
13th December --- FOMC Rate Hike (1.25 - 1.50)
Plan your trade and Trade your plan. Trade Safe !
Mega Daily Triangle blocked by Ichimoku Cloud and Montly Resistance and ready to break ... DOWN.
We might bottom on Full Moon again ;) 3rd December and could push prices higher to our dreamed 1400-1500 mark once US rise rates on December.
Important Dates:
22th November --- FOMC Minutes
29th November --- GDP
8th December --- NFP
13th December --- FOMC Rate Hike (1.25 - 1.50)
Plan your trade and Trade your plan. Trade Safe !
Note
After a US GDP Growth Revised Up to 3.3% in Q3, Highest in 3 Years. This week the metals sector could be hit again by another good NFP report on Friday. The last BIG Event before rate hike next week.Note
Triangle broken downwards. 200MA is not even holding. Soon we'll be able to buy. :)
Note
Approaching the area for longs, lets still be patient. Tomorrow NFP. Taking partial profits.
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