Gold has broken out and the target is 1900 If it breaks up out of that level it means the dollar is screwed and interest rates have topped out GRI 2023 Geometric Charting
Gold has a date with 1900 After that let’s see if it can reclaim the upper geometric channel If so a new high around 2500 is on This will be contingent on the Fed pivoting GRI 2022 NOT TARDING ADVICE
Compelling macro cycle activity pending for gold. Each previous cycle has moved 800% or more from the previous bottom. That puts GLD at approx. $8k be the end of the decade with few setbacks along the way.
gold give us bullish butterfly pattern and in expected to achieve 2 goals
With the upward break from a long period of down trend, GOLD aims for 1.740$ around March.22, 1.835$ around March.31, 1.890$ around April.09 and 2.000$+ till the end of April. With wishes of safe gains... cunsaldik
Price is facing bearish pressure where we could see a reversal below our sell entry, EMA is showing signs of beraish pressure as well.
There has been 2 previous swings in Gold from the 50 weekly ma (Orange line), This looks like the 3 Swing IMO According to the previous data this swing should be shorter in time than the previous 2 and may last between 60 to 85 days Target area should be around +35% to +50% = $2400/$2700. The trend is up and the fundaments haven't change at all. money printing...
On the weekends, I am somewhat more bored. I enjoy playing with the waves. For you. study, and you will understand, sitting at home watching and criticizing the analysis of another is easy, studying, disciplining yourself, and having the right mentality IS THE DIFFICULT. Just enjoy, for me this is ONLY a VIDEOGAME. Sorry for sounding proud, this is ONLY the...
FX_IDC:XAUUSD Ready to get correction from top between 1340 - 1355 Should be good point to open short positions at this levels and get TP at 1320 1305 1390 Trik to use that movement at platform who doesn't use partial exit is Open 4-5 positions same Volume, Same price with different Take profit points
Gold is consolidation, waiting for some big data from US. In mid term I will LONG to the level of 1290.00 and wait for price action. Check my previous chart. 900+Pips.