Maybe gold will oscillate about 1827 to 1837 tonight, let see
I have a idea to short gold to 1816 as arrow in my chart. Give your comment. Thanks
I think GU will to the S1 in my Fibonacci pivot before going up The are bull camp here
Gold is sideway in high timeframe waiting for FOMC and nonfarm in Nov I predict next week after retest 1796 then broke the 1788 and 1783, the bear will rally to 1760, where have a border between Bull and Bear camp
I think GOLD will have a bullish momentum after it broke 1770(Monthly pivot level ) and 1772 (Weekly pivot level)
Gold is go out of 1800 level (the balance level of bull and bear), now it have a short term down trend. In medium trend is still be in unclearly. I think gold will sideway next week at the level 1720-1760 and break at the end of month or after the FOMC
I think dovish news should be digested in next week. All retail traders are looking for a buying opportunity at 1800, 1808 and waiting for selling at 1830-1835 (Old top) So, I think the price will do not touch 1830. If next week have a price action that declines 1825, we can sell as the target to 1766.
I see a new trendline in GOLD price movement. Hope it will go like this.
Base con the correlation and intersection of GOLD's trendline.
I predict the line of gold this with is like that, I see in history, many times the trendline have intersections of multiple trendlines at the time of news. So that is also the bounce point. Note my prediction and see what will happen.
If at begin of Newyork session the GOLD price address 84 level, sell gold if have a bearing candle Tp to 1770 or 1735