-Accumulation of continuation?

By MacD_Bollinger
-The High pivot pointed by SETUP on the weekly chart.
snapshot

-First pivot high formed on the daily chart's accumulation.
snapshot

-Second attempted bullish pivot formed on the daily chart's accumulation. It wasn't very far.
snapshot

-Third and last attempt to pivot the accumulation. Will this time go after the FIBO gold region at $139.66?

-Hour chart suggests that long-term (buy and hold) are defending the bottom region at $102.2, as such, we can see prices going only as low as $135.12.
snapshot

-Do your analysis and good business.
-Be Aware, If You Buy, Use Stop!
-See below for other reviews.
Beyond Technical AnalysisgraphicanalysisHarmonic PatternstechinicalanalysisTrend Analysis
MacD_Bollinger

Related publications

Disclaimer