Hello guys.
This is my idea about the gold market.
I expect gold higher by the end of the next week.
(Around 1745 or if there are big news about gold then i expect that the market will hit the price of 1793)
Why i think that?
1. The Parallel channel that started on 1 July 2019 is broken
2. We got a perfect retest on that channel
3. After the retest we have 440 pips rising but with the Corona news everywhere in the world a lot of people will buy gold because Euro, Dollar and other valuta will go down in value
4. the global trend is up
5. Gold will breaks the keylevel 1689
6. I make my own timing predictions and 9 march there is a new timing (Turn in the market)
I hope i can help some people with sharing my idea about this market.
This is my idea about the gold market.
I expect gold higher by the end of the next week.
(Around 1745 or if there are big news about gold then i expect that the market will hit the price of 1793)
Why i think that?
1. The Parallel channel that started on 1 July 2019 is broken
2. We got a perfect retest on that channel
3. After the retest we have 440 pips rising but with the Corona news everywhere in the world a lot of people will buy gold because Euro, Dollar and other valuta will go down in value
4. the global trend is up
5. Gold will breaks the keylevel 1689
6. I make my own timing predictions and 9 march there is a new timing (Turn in the market)
I hope i can help some people with sharing my idea about this market.