Gold Spot / U.S. DollarUpdated Anyother try
So I tried to make again an accurate forecast with exact points of price and time just for the sake of nailing it atleast once in this life!! But i advice you to watch the date stamps in the arrows i've placed, they will surely be very accurate if price points not that much.
8 september was a HIGH point in the smaller cycle and also a LOW point in the bigger cycle. Price shot up to complete the bigger cycle, but the smaller cycle pointing downward move kept the price lower. Its due in sunday which is today, which means in London session i'm expecting the price to head abit lower to complete the cycle and then it will be free to continue upwards with some big moves. Can't wait. I already have small long positions since friday and i will keep adding more as price heads lower in monday.
Let's see!
8 september was a HIGH point in the smaller cycle and also a LOW point in the bigger cycle. Price shot up to complete the bigger cycle, but the smaller cycle pointing downward move kept the price lower. Its due in sunday which is today, which means in London session i'm expecting the price to head abit lower to complete the cycle and then it will be free to continue upwards with some big moves. Can't wait. I already have small long positions since friday and i will keep adding more as price heads lower in monday.
Let's see!
Note
If you head back to my previous analysis you will see 1/9 pointing a top. 25/8 also nailed it, but not the way i expected and i didnt play it. Yes, the price points are not accurate, but the dates are there. I didnt make any posts, because i wanted to see how price and cycles play out, because i was suspecting an inversion.Order cancelled
Note
I was suspecting that the red cycle could have inverted, but i didnt bet on it. And i should have. Anyway, as the price couldnt break through today its obvious it will head down. I'm not in a sell yet. I will be waiting for 14/9 to go for a sell.
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