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economiccycle
trendanalysis
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A little Fib practice with gold on the 15 min. 11/18/2022
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Expecting price to buy through trend line toward resistance then reverse for long term sell.
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Expecting price to sell toward trend line for the next two days. Will reevaluate position once price reaches trend line.
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Expecting price to buy from current position toward trend line. Predicting price to reverse on trend line for long-term sell on daily time frame.
2
Expecting price to continue bullish movement toward trendline, then change direction for long term sell.
4
Expecting price to break support and continue with bearish trend. Possible pullback off support to resistance then continue for long-term sell
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