GOLD NEXT WEEK #04

Forecast:

00:00-02:28
- Broader Technical view of price action for the first 3 weeks of 2021.

02:29-07:50
- TA for the coming week... could expect same trading patterns first few days as previous weeks... Price action could make a Head & Shoulders pattern this week on higher time frame?

Note! Keep eye on the 10Y Yield... might make a last low @ 89 and then again find bullish strength... gold is having hard time attracting capital, but like I said before, I focus one week at the time too get the most out of it.

About Gold Next Week #
A weekly 3-10-minute forecast video on Gold price for the coming week. I'll also follow up with charts throughout the week as price action develops patterns and pivot reversals points.

Topics
- Market sentiment
- Gold Shares, EFT's A-z
-
- US10Year T-note

System: I use a hybrid blend of Wave Principle price action, Fibonacci ratios, RSI indicator and some Market Data.
Disclaimer: nothing talked about in this video should be regarded or seen as trade advise, a trade call, a recommendation, or a trade signal. Do your own due diligence or seek advice from a licensed professional before entering a trade.

Best Regards
OmarDjurhuus

註釋

Update! What a choppy week with overweight of bearish sentiment.

As I mentioned in the video forecast -a possible bullish Head & Shoulder pattern in the making , therefore my targets are still Fib-extension levels:

1.27% @ $1829
1.41% @ $1824
0.618% @ $1818

Trade safe...

註釋

Update! The targets I mentioned in last update are no longer valid short term. Bulls have taken over today and we'll see how high price goes?
Trade safe... and great weekend to you all.