BeachBum9_4

BeachBum9_4

Key Observations: Support Zone: The price is bouncing off a clear support level (indicated by the yellow dashed line). This is often a strong indication of a reversal or continuation of an uptrend. Dragonfly Doji: The Dragonfly Doji at the bottom suggests that selling pressure has been absorbed, and buyers are stepping in. This is a bullish reversal pattern when...

BeachBum9_4

My analysis for Monday morning as shown We should see a drop back to the 2688 - 2690 area and then we will continue upwards hopefully toward my TP2 of 2745 area. This look's likely but who knows! I will recess on Monday morning. Currently holding a Sell from 2710 to 2792 and then I will re-entry with a buy trade

BeachBum9_4

Gold Bullish until we retest new ATH - DXY about to drop As we can see from my chart my first TP1 that I targeted yesterday has been hit successfully. I don't believe we will see a pullback here, if we do it'll be very small. I put in another buy at 2697 and will ride that out now until my final TP unless I see a reversal pattern. No sell yet folks - Too much...

BeachBum9_4

We are currently in a Bullish trend - As you can see on my chart I have marked where I think it can end up if we stay Bullish. Anything can happen with Gold so keep an eye on reversals and always be open minded to change your direction when needed. TP's are set

BeachBum9_4 Updated 

Hey all, Here is my simple but effective analysis on Gold at the moment. The trend since October 30th has been downward on the 4HR and Daily charts (In my option, the only charts worth looking at on gold) Although many in the Minds forum say buy, sell,"to the moon" , the overall trend is down and there will be pull backs as excepted. Until the downward trend...