Been watching Gold for a while, i am thinking its time for a retracement down below the 1600 level
My Bitcoin Short, any break of the 42.5K should bring us to the 30K level. with the FED and inflation playing its part it only a matter of time before the cookies in the cookie jar run out,
Looking for a major pull back to retest last low and also test the 1800 before returning to upward trend.
There is strong bias to the up side with good support, but if that support breaks with central bank dovish call and negative rates, its a quick ride down to the next major support
This is a idea i have in mind for the coming two weeks before the US elections, i am thinking that there needs to be a retest of the previous low before a return to the upward trend.