To understand this Idea you would need to look at my Long and Mid term charts, (see links below), 1835 has been tested two times previous, as such a third must be analysed, should gold start south bound movment I see three possible entries, from 1835, 1788 and 1765, it could also bounce of 1772 or even the 1802 previous low making a double bottom. That said I forsee news, Bidens policy on Covid, new vacine all acting positively on the yellow metal.
As said in the title I see3-4 days climb before a retrace, I can see a climb to 1898 before a pull back to the 0.5 fib level closing friday.
For more info pm me or ask in comments.
As said in the title I see3-4 days climb before a retrace, I can see a climb to 1898 before a pull back to the 0.5 fib level closing friday.
For more info pm me or ask in comments.
