I dont want to play this for im waiting for this to reach its lowest again (Retail traders are in control which is not a good sign firstly) (Inflation hikes pressure gold but it doesnt like inflation)
A retracement of 1780_1767 wasnt met even though 1760_1757 was a nice sell idea seeing the top wasnt reached -MN closed harami so half of that mn candle wont be a bad idea, but if the 1800 gets closed above we need a daily and mn close above 1848 to up us into 1900 again which if isnt taken back we wont see any 2000zone
_1600 is that zone but where. In it especially those whom thought 1800 would be it
I dont like playing prophet but we all know gold shall never lose value or go back too its half way point or begining
_1200 was a bottom With secondly 1550 as second defense Leaving 1600 as entry for two year or three years holders
Im not keen holding sells in gold for that hurt me in 2019 when it left 1250
Gold will break 2000 easily as that was the breakout confirmation 3000 is merely a starter to this crazy buy parabolic move it shall put itself in from 2020_2030 🤔🍃😅
So we will be laughing when this onslaught of bears begin seeing mr bull isnt around again and secretly left. Leaving us grinning as inflation up GOLD will rise again when this dust settles
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