GOLD Elliot WaveGold might be starting the 5th impulsive wave and medium-term price targets are pinned.
This is not a financial advise
Gramaltin
Repeating the CycleCB decision might lower it for a short time but eventually it will keep going north. I dont think the CB rise interest rates enough.
XAUTRYG Gold/Turkish Lira GramThere is double top (Adam & Eve) and negative divergence for XAUTRYG. 368.38TRY is the support. If it breaks down, pattern target price will be 350TRY
XAUTRYG (Gram Altın)280 liralara kadar düşen bir yol ardından tekrar yükseliş hedefleri.
Kendime not, yatırım tavsiyesi değildir.
Gold Gram TRY can Test ResistanceWe can test the resistance.
This analysis is mostly for those who hold Gold on a gram Turkish Lira basis.
On weekly chart (1W) , Long signal observed :
It may be less risky in the following parameters.
But my conviction is that the declines should be average lowered .
Even if I don't think of sales, let's give the parameters to put the analysis on a suitable ground:
Risk/Reward Ratio : 1/2
Position Size : %25 of Portfolio
Stop-Loss : Normally the average should be lowered : 300.407
Goal : 305.897
Above these levels means a brand new channel opening.
And the channel goes up to 360 levels.
Let's see our first goal, we do our second analysis within the permanence.
But as I mentioned before, I prefer to lower the average instead of the Stop-Loss.
Regards.
For Hodlers : Distributional Buy Signal for This WeekThis week can be a nice opportunity to lower your average.
Especially those with a higher buying average than 268.34 should watch this week very carefully.
If you missed under 268.34, don't buy and watch because parity may fall more.
But I do not recommend buying on the first day because the price may become cheaper, it should be carefully monitored.
But I would recommend buying if 10-20 percent of hot money from outside . ( My suggestion : %15 of hot money from outside .)
No one can guarantee that prices will not fall further.
Good week to all investors and traders !
Note : This trade contains no leverage and most suitable for heavy load ( current price <= average cost ) investors.
Or it is suitable for investors who have a lot of hot capital more than the size in that position.
In related ideas, you can see the logic of this trade.
Buy Breakout Setup Bollinger Low Volatility..Low volatility bollinger + triangle + Averages @ support...
When i see this setup i will buy breakout.
Waiting the breakout...
wHAt the f..k will happen ?Simple. So.
AFTER this battle. We need to watch 9 mav. IF price starts to be upside. THen dont short this.
IF price starts to be down of 9 MAV. SHORT LIKE no tomorrow.... Here don't watch the news.
Simple.. under 9 goes down over 9 goes up !
Hey Guys.. Are you seeing this ! This is ultimate Setup...If price goes over rectangle my god... Correction over This is rally setup weekly. 1900 to 1045 correction means finished. And starts big rally.. Yes this f.ck is so simple...
26 MAV CROSSED 50.. 50 going to cross 200 mav..,
so what is missing?
only missing that price starts to go upsideeeeeeeeeeeeeee rectangle...
then big rallyy..
but how can we now that it won't go down ? Mannn that is the buying opportunity... Watch small time frames to see a buy setup... No one gives the offer....
GOLD CRASH IMMINENT I GUESS. AUNTY YELLEN I GUESS WILL RISE RATELookin oil and gold like same patterns. I guess rate hike will come next week. because these charts show ending diagonals.
