after yesterday's performance of gold, I deduced that the next test of 1970 if it succeeds will see a lot of buyers buying gold before the prices goes up even higher.
But if the gold run failed to break 1970, it will actually dropped below support, most likely the new one will be 1880 with the resistance being 1920.
but this is just my hypothesis, it might or it might not happen, but if it does it will boast my confidence into my analysis, and if it's not i have a long way to go.
kind regards
Awal
But if the gold run failed to break 1970, it will actually dropped below support, most likely the new one will be 1880 with the resistance being 1920.
but this is just my hypothesis, it might or it might not happen, but if it does it will boast my confidence into my analysis, and if it's not i have a long way to go.
kind regards
Awal
Note
it seems to follow my pattern that I drew in august, but I have zero disciplines and tried to short a lot which made me lost all my money.... it is now oct 17... and next week marks the end of this chart.... I will try and stay by it
Note
a week before the election... looks like gold chose to be a bear xD
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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.