Short

The gold fall postponed, yet!

By SLYH01

Updated

Short target 1830, will happen in 3-4 months a counter-trend move (corrective structure). Then resumes falling

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If 1810 is in, there should be a continuation of the fall started

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We are in a close call to that topping off, I'm looking for 1829-1833 area *if* we actually go there is the selling zone for risk-off trade. best of luck!

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it seems we are still in this trend, though singes of exhaustion appeared. Take your time as confusion, distributions, and reaction are always a must to be made.

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I was busy last week though I took the 1817 short trade and will manage that "IF" in case that wasn't the final leg up, Good luck.

Trade closed: target reached

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-This is an updated chart where I see two PRZ ( 1864 & 1920 ) with a harmonic shark.
-Shark's pattern tends to be quick in moving to TPs, but a follow-up 5-0 pattern forms in a 50% move (1730).

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-The technical invalidation isn't definitive if it got there, where 1970 is. Though if the price reached there the window of a bear route gets smaller.

-1880 area is a weekly resistance if a weekly candle opens and closes above it, I will close all my sells.

-Now we are in better RRR, Have fun with this widowmaker.

-I have so many routes regarding what could happen next of first sell-off but lets not skip a head and focus of reaching 1730 first

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-I thought it will end up sooner, that being said GC! looking for a more upward movement inlined with Bat TP2 and Shark 1.13, and Crab.

-Looking for the range of 1917-1950, such a large range for huge patterns.

-A confirmation of ending would be reaching 1823 and exiting the upward channel.

- Meaning a strong possibility of moving up today with the news.

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SLYH01

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