MEGALO1

MEGALO1 Updated 

The Big Blue Star Burst and the Yellow arrow signifies a Trend changing Golden Candle was Formed. The Roman Candle and Yellow Arrow illustrates where a Roman Candle Trend changing Gold candle might be formed ? (What a Quinky-Dink and just in time for the Forth-of -July too ?) There is almost an exact mirror image with an upper bias illustrated in my Gold chart...

MEGALO1 Updated 

Looks like Gold will go to breach top trend line just like it's done before six prior times in recent history's analyzed in the daily time frame. Each time gold has reason in this scenario pek-a-boo wick with partially body candles it has fallen precipitously no reason for Gold not to follow pattern now ?

MEGALO1 Updated 

Gold has broken upper trend line (((SixTIMES))) since Feb. depicted on my Gold chart with purple ellipses and red arrow indicators. Looking for a solid pull back, Golds in over bought territory and volume & momentum are starting to falter. Smart money will be taking profits at this point a breach of upper bollinger band. Look for some volatile downward moves...

MEGALO1 Updated 

Warning Warning Will Robinson a very strong reversal is headed for Gold wear your PPE sell or set high stop loss here!!

MEGALO1 Updated 

If Gold Breaches upper trend line depicted with small red arrow, gold could go up to fresh new yearly highs and be in contention of going to a fresh historical high ? But if Gold is Reflected around the arena at 1776 from my upper trend line hard retrace is very much still alive here.

MEGALO1 Updated 

I do not know if Gold goes up or down from her on this quad witching day, but i say it goes down here a historical repeat of itself third time the charm!!! Megalo :-)

MEGALO1 Updated 

Gold has breach my yellow trend line for a magnificent quadruple top, I guess its only fitting at this time because its quadruple witching day :-). I'm presently 8% down on my short trade still holding here until that fat lady sings, the last hour should tell the story.

MEGALO1 Updated 

If i'm not mistaken Gold has formed a fresh double top on hourly time frame? Gold has also wick breached my yellow trend line indicated on my chart analysis . I'm not sure how gold should act on this triple witching day so i'll be neutral for the time being !! :-))))))

MEGALO1 Updated 

Wick breach on hourly chart on this quad witching day.

MEGALO1

I'm not sure if Gold goes higher from here or down on this quad witching day ??? But a formidable double-top has occurred just the same on this hourly time chart ? But if gold goes significantly higher or lower i will note it in my book of Knowledge to use if this happens again so i can be prepared locked and loaded for a possible handsome profit ??

MEGALO1 Updated 

With macd embedded depicted here purple circle red arrow since the 11th on my Gold day chart looks more mechanical rather then spontaneous to me , when i compare it with its yearly history ? Price action is showing a supple negative bias triangulating with my lower trend line depicted here with a yellow slopping line.

MEGALO1 Updated 

Japanese yen goes down Gold goes up. Yen goes up Gold goes down chart depicts these movement.

MEGALO1

If gold price falls below 1691 it breaks trend here , it should fall in the green arrow 1640's arena Zone very quickly, that i have depicted on my chart with a Red arrow inside purple ellipse , then go back up most likely for some much needed consolidation, 1670's arena ? >Megalo :-)

MEGALO1 Updated 

If gold repeats itself as it did end of May 1st of June? on hourly time frame double top formation then gold goes down quickly for today!

MEGALO1

If the large purple elipse on 3/9/20 through 3/20/20 is a possible reflection or indicator of what ? Might happen in the near term future for gold, it should fall fast and furious from where i have depicted the small purple elipse of gold is price now. As gold stands now; broken muti-year trend line; continuation of lower bollinger band breach, should...

MEGALO1 Updated 

Gold just broke trend here. I do believe it will fall sharper and further, in a downward trajectory; if it stays below the trend line; ie.. the red ellipse that is depicted on my old chart> Megalo :-)

MEGALO1

Gold has formed another double top looking too Break trend on upside, somewhere around 1777 to 1793 area when this takes place looking for one monster of a downside draw, quite possibly 1357 area then Back up to new highs ??? > (-: Megalo

MEGALO1

Maybe a pullback around $41 then back up to challenge recent highs >>???