if we do "an = a ( r n 1)" divisible applies for three.. .. a GOOD BUY ! catch some lows ! as it needs proper weigh measures, a Geometric Sequence applies to complete cycle with Balance of Money ,, .. making sense in supply for BULL while affects into demand momentum for BEAR
it may takes 7 to 10 days to fill the weight pushing 1706 and accumulate the breathe of weight and return to its correct direction upto 1820 . .
its not advisable to execute BUY.. as we are on price peek strengthening . .. The shine of GOLD in nows condition giving 1710 into discounted price and begins of Higher Timeframe Resistance for 1802 that shows a GOOD SELL . .. Having the importance below key levels will identifies exit and entry for any unexpected down falls.
the price of 1782 to 1802 is on the moves important Correction of prices ! .. the price is in the Premium range for Bull .. therefore we can use Discount from 1802 and execute Sell .
1802 - Tech confirmation Reversal Correlation basis
MARKET ENDS - OVERVIEW the market price touches 1772 as before the market closed. .. due to market curve almost seems to float and fall, shows many traders took positions at the level of 1764 to sell which resulted in a further rise to 1772
ADJUSTMENT MEASURES MARKET PLAN - 1730 .. having this price to SELL, TP set to 1663 : .. if price keeps moving up then catch the next price key 1802 , TP set to 1730 ....
LADDER STEP UPTO 1802 - i can see Ladder stepping up to 1802 and at this level sellers from 1710 to 1730 has been reduced by some short SL hunt of the Gold Market . as the market price fails upto 1705, then it will gives a weight to BULL that will result into down market .
if the gold market did not touch 1730 and price fail below 1660 .. a strong BULL CYCLE will occur as pattern creates a LADDER STEP ..
if you are on awaits for market , then 1645 is a good measures to BUY !
A GOOD MEASURED BY FIBONACCI tool using 15M TF .. this shows a good balance of money flow of the market as todays no economic event.
the market ends into an excess breathe of 1 month depress. we are expecting a continues balance in a favor weighs with bear
pls view the chart properly to understand all the means .. Mathematical patterns also measures a significant Market Structures for ideal prices and positions.
1620 IS A VERY STRONG SUPPORT base from technical measurement.. it was already tested that 1620 is credibly strong. ..with the the helps of tomorrow NFP Report.. we are expecting a negative from US Dollar to extent the power of 1620 into next rally !
Gold price was corrected up in the short-term downtrend. Price level broke out Additional Zone 1646 – 1644. The next target in the correction is the test of Intermediary Zone 1663
Gold prices have been consolidating within a narrowing range over the past several weeks and have even popped above the downtrend line today Nov 02. .......... Market test will be to defend the line of support established from the September and October lows 1600 to 1620. .......... A decisive breakout of previous consolidation range would carry bullish...
Welcome my fellow traders! I have made a price forecast for #GOLD, using a combination of #Key zones methodology and technical analysis. .. Now the price is correcting. Probably the above #Key 1660 will be tested.
The factors that will determine the price of gold in end of this year and may lead to its increase above 2000 price target. In 2023 there should be a rise in the rate of gold, but not above $2,000 per ounce. The factors that will facilitate Bull market.