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Gold - Daily Forecast Hello traders, welcome back. This is my new channel and I hope to enjoy. Lets Go straight to the chart, I am a trader who create 2 scenarios to adapt to the price action. First case, if the gold/usd break the first trend line we will wait to break the big triangle (on the second trend line as well). If this happens we will put our take profit on the horizontal resistances that I have marked and more. Second scenario, if the 'Double Bottom" formation doesn't work and the daily strong support break, the we will SELL the commodity to the downside target. Please if you agree with my idea like and follow I will follow you back. Thank You.
FX:XAUUSD
by John_Vasilopoulos
Litecoin's $500 DecemberI have already stated LTC will hit $500 in December: Also stated we are getting close to a major correction: I feel as if we will hit the final wave and move upward before we start seeing a correction back towards $300 range. From there we can probably resume a normal 45 degree trajectory of growth We are at the cusp of a breakout and it will be exciting times for everyone involved. The recent corrections we have seen, when LTC first hit $100 and dropped to $78 and now, LTC hit $420 down to $250, are minor ones. We can expect one final big break and then we can resume a normal growth trend. Not calling a TOP because with crypto there isn't one. Its pure fomo and emotions. Everytime we see a massive dip we see it being eaten alive and a fast and quick recovery. I can expect the same with the huge influx of investors and newbs in the market. I get phone calls on the daily in regards to crypto and it has getting to become a headache :P haha. Regardless more money to be made. Simple TA here, nothing fancy. Expect $400-550 soon, minor/major pull back depending on the market. Then we can go from there. I can expect bonuses and tax refunds pumping into crypto. We are still at infancy and LTC will go to $1000 Q1-Q2 2018. Going to be fun times. Go ahead and accumalate in the mid to low $200s. Strong support at $300 on GDAX so you can intiate small position from there. We can expect movement in the next couple days. Historically, most of my TA's are effective 1-2 days prior :P
BITSTAMP:LTCUSDLong
by regalia
35