GOLD 4 hour : all scenario on gold in coming weekwhen we was on high ,i say you after touch 1960 area gold can start down trend , do you remember?
what happening? stpud Mr Powel again harm market and gold break 2 important trendline in high (see chart exactly ) i belive gold reach low and touch fibo 161% (again see chart red fibo 161%) so many pro traders and bank traders will looking for buy
60% gold will go up to green fibo 61%(if break it can flyup to 2000$) (in way to 2350$)
i strongly thins this is normal mini crash on big up trend to 2350 !!!!!!!!!!!!!!!!!!!!!!!!!
let see gold futures daily and AC indicator (it was give buy signal but price break low and this man signal switch to sell in AC )
if gold break low (we must put sellstop in last low 1899) 2 place will i pick buy specialy 1810 area is very important as i mention before ( above green arrow after PINBAR comes we must buy with Sl in pinbar low,,,like always ) for hold 15-20 day to new high (dont close this 2 buy soon)
if you have old sells or hedge = i advice you close 50% of them now (monday after buy pinbar come on 1h-4h-daily chart) and dont close your buys sooner than green fibo 61%=1920
if gold can go down close other sells near 1810 then wait 2-3 week for next high
wish you win be careful from sell , gold each second can fly up if you have buy in up dont fear (main trend is + up and gold soon or late will back to high) just put hedge sellstop in low then wait up trend apear (in next low close sells,,in high close buys,,,never close sell frist =margin call)
